Tuesday, June 30, 2026

I , Me, I, Me, the bloated ego of our Ashok Subron

A.Subron in the National Assembly today :
Regarding the Portable Retirement Gratuity Fund (PRGF) , "had it not been me ,…had it not been me and the trade unions, the PRGF would have been "un seau percรฉ"…I stood there for the employees I stood in front of the Treasury building in 2020" ….Me ,I , Me, I…

Friday, June 26, 2026

๐™’๐™๐™–๐™ฉ ๐™™๐™ž๐™™ ๐™ฉ๐™๐™š๐™ฎ ๐™ข๐™ž๐™จ๐™จ ๐™ค๐™ช๐™ฉ ๐™ค๐™ฃ ๐™ฉ๐™๐™š ๐™‹๐™š๐™ฃ๐™จ๐™ž๐™ค๐™ฃ ๐™๐™š๐™›๐™ค๐™ง๐™ข ?

(Published in l'express of 30th June 2026-diiferent version)
(As I had pointed out in my article published in L’express of the 24th June, I do not believe that attempts to revive the dying low-tax liberal economy model by such measures as means test or targeting of pensions will help in reforming an unjust, unequal, unfair system - it's only a kind of compromise that satisfies the ultimate beneficiaries of the present economic system-the low tax liberal model)
Let us go along with those who are arguing that there were no other option than to implement the Pension Reform ?- the very ones who were “tap la tab” in the National Assembly when the calamitous reform measures were being announced.

Thursday, June 25, 2026

O๐’–๐’“ ๐’„๐’–๐’๐’•๐’–๐’“๐’† ๐’๐’‡ ๐’„๐’“๐’๐’๐’š๐’Š๐’”๐’Ž, ๐’˜๐’† ๐’‚๐’“๐’† ๐’‘๐’‚๐’š๐’Š๐’๐’ˆ ๐’‚ ๐’‰๐’Š๐’ˆ๐’‰ ๐’‘๐’“๐’Š๐’„๐’† ๐’•๐’๐’…๐’‚๐’š !

If we want our institutions to deliver , to remain relevant, functioning and innovative , we must be prepared to put the right people in the right place -the competent ones, the specialists, the ecologists, the experts, the innovator, the committed… a chance to leverage their specialised knowledge , their tech-skills and innovation drive to bring du “Vrai Sanzman” and meet the challenges ahead.

Monday, June 22, 2026

Saturday, June 20, 2026

๐๐ฎ๐๐ ๐ž๐ญ ๐Ÿ๐Ÿ”/๐Ÿ๐Ÿ• : ๐๐ž๐ข๐ญ๐ก๐ž๐ซ ๐š ๐ฉ๐จ๐ฉ๐ฎ๐ฅ๐ข๐ฌ๐ญ ๐›๐ฎ๐๐ ๐ž๐ญ ๐ง๐จ๐ซ ๐ญ๐ซ๐š๐ง๐ฌ๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐ฏ๐ž ๐ซ๐ž๐Ÿ๐จ๐ซ๐ฆ๐ฌ

(Published in l'express of the 24Th June 2026)
They had overestimated the tax receipts for FY 25-26 by some Rs 10 bn .
We think that the tax receipts estimated to be around Rs 198 bn for FY 26-27, an increase of some Rs 20 bn, is also an overestimate .
If we take into consideration this overestimate , this may lead us to conclude that despite the contested ,unpopular and revolting pension reform , the consolidated budget deficit will remain more or less around 5.7% of GDP in FY 26-27.

Friday, June 19, 2026

Aret KoKin Nu Laplaz post: Our comments

There's a real opportunity indeed to do the right thing, and even prevent this from happening again, Hon. Minister Mohamed.
"Concernant les mesures envisagรฉes, le ministre Mohamed prรฉcise que son ministรจre « examine toutes les options possibles, y compris la rรฉsiliation, la reprise ou d’autres mesures pouvant รชtre prises en vertu de l’article 13 du contrat de bail ». Il ajoute qu’une dรฉcision sera prise concernant la possibilitรฉ de dรฉclarer la zone comme espace public, une fois les options de rรฉsiliation รฉvaluรฉes."

๐Œ๐ฒ ๐œ๐จ๐ฆ๐ฆ๐ž๐ง๐ญ๐ฌ ๐จ๐ง ๐ญ๐ก๐ž ๐ž๐ฑ-๐…๐’ ๐›๐ฎ๐๐ ๐ž๐ญ ๐ฉ๐ซ๐จ๐ฉ๐จ๐ฌ๐š๐ฅ๐ฌ

The ex-FS is mixing issues - the rehabilitation of young addicts, a compulsory National Youth Service (NYS) and a reskilling programme for youth of 16-25 years old (Our Corporate youth reskilling is heavily driven by Public-Private Partnerships (PPPs)

Saturday, June 13, 2026

๐’๐จ๐ฆ๐ž ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐Œ๐‚๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ

Country Spotlight : Mauritius
GDP growth is forecast at 2.9% in 2026 ((๐˜พ๐™ค๐™ข๐™ข๐™š๐™ฃ๐™ฉ: ๐™ง๐™–๐™ฉ๐™๐™š๐™ง ๐™ค๐™ฅ๐™ฉ๐™ž๐™ข๐™ž๐™จ๐™ฉ๐™ž๐™˜, ๐™—๐™ช๐™ฉ ๐™ฅ๐™ค๐™ก๐™ž๐™ฉ๐™ž๐™˜๐™–๐™ก๐™ก๐™ฎ ๐™˜๐™ค๐™ง๐™ง๐™š๐™˜๐™ฉ), although a worst case scenario of 1.9% or worse is not excluded.

Wednesday, June 10, 2026

๐“๐ก๐ž ๐ซ๐ฎ๐ฉ๐ž๐ž ๐ฐ๐š๐ฏ๐ž๐ฌ ๐ ๐จ๐จ๐๐›๐ฒ๐ž !

The rupee continues to depreciate against the US Dollar and the Euro, reflecting excess forex demand. The official exchange rate is artificially managed by the BoM and the banking system through an informal exchange control regime, and by BoM decisions to intervene or not in the foreign exchange market.

Monday, June 8, 2026

๐‘จ๐’Ž๐’Ž๐’‚ ๐‘ป๐’๐’๐’Œ๐’‚๐’š ๐‘ฒ๐’๐’—๐’Š๐’ ๐’Š๐’” ๐’๐’๐’• ๐’‚ ๐’‘๐’๐’๐’Š๐’•๐’Š๐’„๐’‚๐’ ๐’‚๐’“๐’†๐’๐’‚

๐‘ฐ๐’• ๐’Š๐’” ๐’‚ ๐’‘๐’๐’‚๐’„๐’† ๐’๐’‡ ๐’˜๐’๐’“๐’”๐’‰๐’Š๐’‘. ๐‘พ๐’† ๐’๐’†๐’†๐’… ๐’•๐’ ๐’“๐’†๐’”๐’‘๐’†๐’„๐’• ๐™ฉ๐™๐™š ๐™จ๐™–๐™˜๐™ง๐™š๐™™๐™ฃ๐™š๐™จ๐™จ ๐™–๐™ฃ๐™™ ๐™ง๐™š๐™ก๐™ž๐™œ๐™ž๐™ค๐™จ๐™ž๐™ฉ๐™ฎ ๐™ฉ๐™๐™–๐™ฉ ๐™ž๐™ฉ ๐™™๐™š๐™จ๐™š๐™ง๐™ซ๐™š๐™จ.
Yes, every year, a solemn ceremony is held at Amma Tookay Kovil; it’s the annual offering of prayers to Amma Tookay for a good sugar harvest.

Saturday, June 6, 2026

๐€๐ฆ๐ž๐ง๐ง ๐ฌ๐š ๐๐š๐ฅ๐ข๐ ๐š๐๐ฎ ๐ฅร  ๐ญ๐จ๐ฎ๐ญ ๐๐ž ๐ฌ๐ฎ๐ข๐ญ๐ž !

You recall the "Moustass Leaks" where u could hear the ex-PM demanding that Padayachy bring, Dr. Dharamraj Paligadu, to his office "tout de suite". The ex-PM was reportedly frustrated with Dr. Paligadu over his handling of a report related to the horse racing industry.

Friday, June 5, 2026

๐’๐ฉ๐ข๐ง-๐ญ๐š๐ฅ๐ค ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ž ๐ซ๐ฎ๐ฉ๐ž๐ž !

In the National Assembly recently, the PM defended the decision taken by the Bank of Mauritius to raise interest rates by 0.25 percentage point and blamed it all on the mishandling of the economy by the previous Govt, notably by allowing for excessive monetary expansion, and a massive depreciation of the rupee.

Wednesday, June 3, 2026

๐‘ถ๐’–๐’“ ๐‘ท๐‘ด ๐’Ž๐’Š๐’”๐’๐’†๐’… ๐’•๐’‰๐’† ๐‘ฏ๐’๐’–๐’”๐’† !

(Published in L'express of the 7th June 2026)
Replying to the PQ from MP, A. Ramdass , in respect of allegations of money printing to the tune of Rs 83 billion by our Pada ,gone beserk, the PM accused the latter of undermining the confidence in our institutions and financial system by his unfounded allegations and misinformation .