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Economy

Banking

Economic Outlook: Latest SBM Insights Forecast 5.2% Growth In 2023

Staff -
After facing the unprecedented impact of the COVID-19 pandemic, the Mauritian economy recovered relatively quickly during 2022. Although macroeconomic vulnerabilities remain, this recovery -...
Economy

Inflation Hits Alarming 11.0% In February 2023

Staff -
Inflation reached an alarming 11.0 percent in February 2023, up from 9.0 percent in February 2022. Headline inflation for the 12 months ending February...
Indian Ocean Region

Sri Lanka Has India’s Support For Its IMF Debt Restructuring Plan

Staff -
India tells IMF it will support Sri Lanka's debt restructuring plan. This country of 22 million people is facing its worst economic crisis since...
Economy

The World Bank Forecasts 5.5% Growth For Mauritius In 2023

Staff -
This is what the institution indicates in its Global Economic Prospects for 2023. According to its forecasts, the World Bank estimates that Mauritius will...
Economy

High Inflation – The Central Theme Of 2022!

Mayank Srivastava -
As we move into 2023, the global economy continues to face a confluence of challenges. Inflation has dogged markets this year, with Inflation at...
Local News

Président Roopun Is Concerned By Gender Violence

Staff -
25 December was marked by the speech of the President of the Republic. In his televised address, Pradeep Roopun spoke about the revival of...
Economy

Growth: Our Target Of 7.2% Reached By End Of 2022, Says Padayachy

Staff -
The 7.2% growth target for 2022 will be achieved by the end of the year. This is what Renganaden Padayachy, Minister of Finance, said...
Business & Finance

President Roopun Highlights Mauritius’ International Financial Centre As A Vibrant Sector Of Growth

Staff -
The financial services sector has made significant strides during these 30 years to establish strong fundamentals to place Mauritius today as one of the...
World

Bangladesh On Path To Become $1 Trillion Economy By 2040

Vaishali Shastri -
Bangladesh is on the path to gain the title of "$1 Trillion Economic Nation" by 2040. Positive economic factors like consumer optimism, innovation in...
Banking

The BoM Sold Another $100 Million On The Foreign Exchange Market

Staff -
The Bank of Mauritius (BoM) has once again intervened in the foreign exchange market. On Wednesday, it sold $100 million at Rs 43.65 each...
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