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Thursday, May 30, 2024

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Inflation

Ethiopia Becomes Africa’s Third Defaulter After Missing Payment Of $33 Million

On Tuesday, Ethiopia became the continent's third default in as many years when it was unable to pay the $33 million "coupon" payment on...

Monetary Policy Committee: Key Rate Maintained At 4.5 Per Annum

Yesterday, the decision was taken unanimously, said the Governor of the Bank of Mauritius. Harvesh Seegolam was before the press to announce the Monetary...

South Africa: Sharp Rise In Inflation, Effects Prices Of Food, Fuel & Other Sectors

Analysts' forecasts that interest rates would remain steady next month were bolstered by South Africa's September inflation, which increased significantly but remained within the...

The Opposition Wants The Country And Its People To Suffer, Says Minister Padayachy

The summing-up of the debates on 2023-2024 Budget lasted at least 70 minutes on Tuesday. Finance Minister Renganaden Padayachy praised "the greatness of spirit...

“Confetti And Mea Culpa Budget” – Says Xavier-Luc Duval

The Leader of the Opposition kicked off the budget debates this morning. Xavier-Luc Duval began by describing Renganaden Padayachy's speech as a "mea culpa...

Renganaden Padayachy: It’s A Budget By The Government And For The People

It is tradition now, one day after the budget, the Minister of Finance, Economic Planning and Development, Dr Renganaden Padayachy, discussed with the media...

New Monetary Policy Framework Is Already Giving Positive Results Regarding Excess Liquidity And Inflation

Mr Harvesh Kumar Seegolam, Governor of the Bank of Mauritius, had an interactive session with the press yesterday to discuss the developments pertaining to...

Budget 2023-2024: “Priority Is To Support The Purchasing Power Of Mauritians,” Says Padayachy

The government has taken measures to support the purchasing power of the population, said the Minister of Finance, Renganaden Padayachy. He was answering a...

Statistics Mauritius: Global Inflation Falls From 11.1% In March To 10.9% In April

The Year-On-Year inflation rate, which stood at 11.8% in January, declined to 8.3% in April 2023 from 11.0% in April 2022. This is according...

IMF Believes That Outlook For Growth Was Becoming Gloomier At A Time

The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, believes that the possibility of the formation of competing economic blocs exists. Kristalina...
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