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Budget 2021-22: Provision Of Rs 17 Billion For The Education Sector

Budget 2021-22 makes provision of Rs 17 billion for the education sector, an increase of some Rs 2 billion as compared to last year. ...

Bank Of Mauritius Calls 28 Billion MUR Not A Loan To Government

The Bank of Mauritius specifies that the balance of "Rs 28 billion" is not a "loan" and will not impact the public debt. The press...

South Africa Ditches 2 Million Doses of Johnson & Johnson Covid 19 vaccine

As reported by The New York Times, the US Food and Drug Administration has decided that about 60 million doses of Johnson & Johnson...

Betamax Appeal Case: Privy Council Delivers Judgement Against State Trading Corporation

The Privy Council has delivered its verdict in the Betamax appeal case today. The State of Mauritius will have to foot the bill of Rs...

Naftali Bennett Elected As Israel’s New Prime Minister

Naftali Bennett, the right-wing Jewish nationalist and former tech millionaire, has been declared as the new prime minister of Israel. Sixty members of the Knesset...

COVID-19: 77 New Cases Recorded On Sunday

The laboratories of the Ministry of Health and Welfare carried out 3,346 PCR tests yesterday, June 12, 2021. The latest results were obtained late...

EDB Optimistic About Post Covid Economic Recovery

The Economic Development Board (EDB) is confident that the Budget would restore confidence in the economy and prepare it for long-term development. This will...

Public Debt: Beware The Snowball Effect

With a public debt approaching 95% of our Gross Domestic Product (GDP), and considering a budget deficit of 5% of GDP, the State risks...

Mauritius To Reopen Borders From July 15 – All You Need To Know

The reopening of the air borders of Mauritius for tourists coming from abroad is scheduled for the 15th of July 2021. This eventuality has been...

Mauritius Government Presents Budget To Reboot Heavily Impacted Economy

Finance Minister, Renganaden Padayachy delivered on Friday evening the much awaited delicate task of presenting his second budget for financial year 2021-2022, heavily marked...
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