Mauritian governor demands faster financial market expansion
The Bank of Mauritius governor, Rundheersing Bheenick, this week urged greater efforts to diversify economy away from bank lending and into bond markets.
Bheenick told an audience in Ebène on Monday (January 21) that deepening the country's financial markets is a "frustratingly slow" process, and stakeholders – including the central bank – must step up their efforts.
The governor said the Mauritian economy is dominated by bank lending, and referenced a recent International Monetary Fund working
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