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Much of what Sithanen mentioned in his intervention is already public knowledge -the money transferred from BoM’s capital reserves for the repayment of Govt’s external debt, the transfer of Rs 60 bn to Govt , the MIC transfer of Rs 25 bn to Govt, dressed up as an investment in Airports Holdings Ltd, a state-owned company, which enabled Govt to pay off Air Mauritius creditors, the recourse to central bank deficit financing , the imprudent fiscal management, and the manipulation of GDP and Budget figures & so on- due to the efforts and articles of some top economists while our Sithanen was either advising the Govt on helicopter money or hibernating ….it seems that it’s now that he is finally beginning to wake up to the enormity of the economic devastation caused by our Pada.
