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Sunday, May 19, 2024

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IMF

Indian Ocean Region

IMF Pays Seychelles Second Loan Instalment; No Year-End Bonuses For Workers Of State-Owned Enterprises

Staff -
The International Monetary Fund (IMF) has approved the second disbursement, a sum of $34 million, of its loan to Seychelles, even as the Cabinet...
Health

Vaccination Rate: Mauritius At Par With Advanced Economies

Staff -
As Mauritius battles against a resurgence of COVID-19 with 70% of its population fully vaccinated and a total of 1.8 million doses administered, Sub-Saharan...
Economy

What Does The IMF Regional Economic Outlook Say About Mauritius?

Staff -
Published on October 2021, the IMF’s Sub-Saharan Africa Regional Economic Outlook captures challenges and opportunities ahead for the 46 Sub-Saharan countries. What does it...
Global

World Bank Cuts Off Financial Support To Afghanistan As Taliban Seizes Power

Staff -
As the Taliban take over Afghanistan, the World Bank has decided after a board meeting to suspend all disbursements in Afghanistan. The spokesperson of...
Global

IMF: $33 Billion To African Countries, Mauritius May Benefit

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The International Monetary Fund has increased its lending capacity to $650 billion. This is the largest sum that the IMF has had at its...
Economy

Pension System: Another Area of Conflict With IMF

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Government is coming forward with a new legislation that will credit all social contributions under CSG to the Consolidated Fund. However, the IMF warned...
Economy

MIC: Another Cordial Discord With IMF Ahead?

Staff -
In Parliament yesterday, Tuesday 20th July, during the Private Notice Question of the Hon. Leader of the Opposition, Xavier Luc Duval, on transparency regarding...
Economy

GNI: Does Mauritius Now Qualify For Financial Assistance?

Staff -
High-Income Country Status disqualifies small developing countries from benefiting from Bretton Woods' large scale financial assistance. Will the reclassification of Mauritius as Middle-Income Country...
Economy

IMF: The Mauritian Rupee is overvalued by 30-40%

Staff -
Is the downward trend of the local currency that has been observed since the first lockdown likely to continue? According to Paragraph 36 of...
Banking

Mark Florman Succeeds Lord Meghnad Desai As CEO Of MIC

Staff -
Increasingly under pressure from the International Monetary Fund who calls upon the Bank of Mauritius to pull back funds and relinquish its ownership, the...
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