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Economy

October 2022: Gross Official International Reserves Stood At USD 6,507.7 Million, 13.5 Months Of Imports

Central banks around the world have begun reporting large losses in recent months as they wind down pandemic-era bond-buying programs, while also rapidly raising interest...

Seychelles Is On Track With Paying Off Its External Debts, Says Government

Projections made by the finance ministry for 2022 indicate that Seychelles has a debt-to-GDP ratio of 68 percent, coming down from 92 percent in 2020...

Seafarers’ Day: Minister Maudhoo Pays Tribute To Their Contribution To The Economy

The Seafarers’ Welfare Fund (SWF) hosted, yesterday, a lunch prize-giving giving ceremony to mark the ‘Day of the Seafarer’ celebrated annually on 25 June...

Mauritius Economic Society Celebrates Its Diamond Jubilee

The Mauritius Economic Society (MES) has celebrated its Diamond Jubilee at the Triveni on Sunday 02 October. Mr Ramduth Jaddoo, president of MES, welcomed...

Unemployment Rate Decreased From 10.5% In Second Quarter 2021 To 8.1% In Second Quarter 2022

Very interesting figures concerning the labour force of Mauritius have just been published by Statistics Mauritius. Compared to the corresponding quarter of 2021, the labour...

Deloitte Mauritius CFO Survey Highlights The Changing Business Environment

The contents of the Deloitte Mauritius CFO survey highlights were unveiled on Tuesday at the Hennessy Park Hotel. This first edition highlights the changing...

India Moves Ahead Of UK To Become World’s 5th Biggest Economy

India has moved ahead of the Britain to become the world’s fifth largest economy, as per a Bloomberg report. The United Kingdom (UK) slipped...

Biggest Squeeze In Living Standards For A Century As Millions More Face Absolute Poverty In UK

Resolution Foundation is predicting that Britain will be facing the “terrifying” prospect of the biggest squeeze in living standards for a century, a new...

Bérenger: We Need To Reinvent The Mauritian Economy

For Paul Bérenger, on the one hand, the elderly throughout the world and in Mauritius is among the poorest categories. They are also subject...

IMF Team In Colombo For Assessing Sri Lanka’s Debt Burden

The IMF is looking not only at the at the restructuring of Sri Lanka’s external debt but the huge domestic debt burden as well...
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