Bank of Mauritius launches Covid-19 response package

Harvesh Seegolam
Harvesh Seegolam
Bank of Mauritius

The Bank of Mauritius unveiled a package of responses to the Covid-19 shock on March 13, with five key measures designed to keep credit flowing to the economy.

The central bank cut its cash reserve ratio by a percentage point to 8%; released five billion rupees ($130 million) to fund businesses struggling with the impact of the virus; told banks to suspend capital repayments on loans for affected businesses; eased supervisory guidelines on handling credit impairments; and issued a “savings bond

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: