IMF urges Mauritius to form macro-prudential authority
Central bank would have “prominent” role in new authority
The International Monetary Fund has suggested Mauritian authorities form a technical working group “spearheaded” by the central bank to monitor and analyse systemic risks, before establishing a permanent macro-prudential authority.
Following the latest Article IV consultation with the country, IMF directors “underscored the importance of upgrading the macro-prudential policy framework”.
In the report, published on March 22, directors recommended creating a macro-prudential authority with a
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