Economy

It is high time to revamp the Mauritius Investment

2021-06-21T17:08:03+04:00June 21st, 2021|Economy, News|

By Sameer Sharma A term sheet with more details has recently given us a very accurate picture of how the Mauritius Investment Corporation (MIC) is wrongly structuring convertible bonds. Back in March 2020 when Mauritius entered its first lockdown, I extensively wrote and communicated about the need to create a bailout fund which would [...]

A new economic paradigm: from sustainability to regeneration

2021-06-21T16:51:17+04:00June 21st, 2021|Economy, News|

By Deva Armoogum “If people ate truly nutrient-rich food out of healthy soil, you would slash the national health bill straight away. The big chemical companies and big food companies know exactly what they are doing. It is now causing millions of deaths – tell me why that is not genocide?” Dr Charles Massy [...]

La vaccination contribue au développement

2021-06-21T16:10:49+04:00June 21st, 2021|Economy, News|

Par Eric Ng Ping Cheun Interview dans Mauritius Times du 19 mars 2021 Le gouvernement mauricien a rendu obligatoire la vaccination contre le Covid-19 pour les personnels de la santé et de l’éducation. Une telle mesure pose un dilemme éthique en ce sens qu’il convient de garantir à la fois la liberté personnelle de choisir [...]

The private sector is crucial to economic recovery

2021-06-21T15:51:39+04:00June 21st, 2021|Economy, News|

By Amit Bakhirta “The inherent vice of Capitalism is the unequal sharing of blessings. The inherent virtue of Socialism is the equal sharing of Miseries…” Winston Churchill A budget is merely a consolidation of the means to achieve a nation’s vision, or rather an executive’s vision for the country. It sets public policies as [...]

Demolishing the myth called interest

2021-04-20T12:19:44+04:00April 20th, 2021|Economy, Finance, News|

By Mubarak Sooltangos The world is so deeply entrenched in a monetary system where interest holds a key role, and all economics and finance professionals, worldwide, are so subdued to the paradigm that the doctoring of interest rates can change a national economy for the better that my attempt to prove the contrary may [...]

« L’économie va mourir si les frontières ne s’ouvrent pas »

2021-04-20T12:07:20+04:00April 20th, 2021|Economy, News|

Par Eric Ng Ping Cheun Interview dans Mauritius Times du 19 mars 2021 La crise sanitaire et le deuxième confinement provoquent beaucoup d’angoisse, surtout au sein de la population active. Les citoyens craignent les répercussions à différents niveaux : la fermeture d’entreprises, l’épuisement de l’épargne et la réduction de la capacité de consommation, entre autres. Les [...]

Mauritius needs fiscal consolidation

2021-04-20T11:40:13+04:00April 20th, 2021|Economy, Finance, News|

By Amit Bakhirta “Do not save what is left after spending, but spend what is left after saving…” - Warren Buffet Mauritius faces more severe long-term economic scarring than Moody's anticipated a year ago, which will reduce both economic and fiscal strength. Indeed. We today highly appreciate a first indication that our borders shall [...]

The politics of fiscal policy

2021-04-20T11:30:03+04:00April 20th, 2021|Economy, Finance, News|

By Dhanesh Narroo Fiscal policy dictates the fundamentals of the economy and governments are tasked with regulating the economy to achieve desired targets. Unemployment, economic growth and price stability are three consequential areas of fiscal policy that are crucial to the economy. However, politicians often distort figures and definitions so as to satisfy their [...]

Interest rates are increasingly looking hawkish

2021-02-18T00:18:28+04:00February 18th, 2021|Economy, News|

By Amit Bakhirta “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning…” Henry Ford (citing U.S. President Andrew Jackson, 1834) The 2020 pandemic fuelled a severe economic downfall that led the Bank [...]

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