Govt should come along with some serious measures !
We believe that the announced measures are not enough. It will have to be accompanied by govt’s commitment to
a) bring greater stability in the foreign exchange market
b) to step up its open market operations to mop up the excess liquidity
c) adopt such measures that will provide an opportunity for the BoM to move decisively towards an explicit inflation targeting strategy.
d) remove the taxes and charges which comprise nearly half of the cost of fuel and
e) balance our competing priorities in a manner consistent with the Government underlying policy framework for spurring these factors- like boosting port facilities, improving port efficiency, acquiring a reliable strategic partner for our maritime traffic and for our air cargo …which will encourage more of the integrated logistics companies to be based in Mauritius and
f) as it is proposed by the ReA « la mise sur pied, en urgence, d'un comité élargi, composé des associations de consommateurs, des syndicats, des petits planteurs, notamment, pour revoir la question des prix des denrées sur lesquels il faudrait une subvention, dont les produits pour bébé. Ainsi que pour revoir la marge de profit des importateurs. »
