Bheenick on launch of Mauritius's MPC

In the speech 'Launch of the Monetary Policy Committee at the Bank of Mauritius' given on 23 April Rundheersing Bheenick of the Bank of Mauritius said today is the start of a new era in monetary policymaking in Mauritius.

"It marks the end of a long journey that began nearly four decades ago, with direct controls, directed interest rates and credit ceilings on lending, to say nothing of exchange controls which disappeared more than a dozen years ago. I am confident that the MPC, with its high

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