LePep finn répond Li, l’arrogant, spin dictator, PJ !

LE PM SUR LA GRÈVE DE LA FAIM DE JOYRAM :

« MONN FINI REPONN ZOT »

LePep finn arazé !

LePep finn boycott li dans la circonscription de Rivière-des- Anguilles/Souillac , zot finn alle soutenir massivman Nishal Joyram !

Le commencement de la fin pou sa rézim mafiosi-mafia la drogue ek mafia gambling !

This is how we reply to Pada’s “Phoenix Delusion” !

The Minister of Finance recently expressed an exuberant optimism about exports of goods and services of Rs292 bn in 2022 representing an increase of more than Rs80 bn over 2021. He also boasted of a real growth rate of 7.2% leading to a record GDP level of Rs550 bn in 2022, and crooned ecstatically of “un phénix qui renait de ses cendres”.

Pada and BoM fail to convince markets !

Pada and the BoM had argued that “ …the job of central banks is the pursuit of  price stability, not profit maximisation.” 

Typical Central Bank’s response : there is no cause for concern. They can always print money !!!

They also argue that other CBs are also making losses.

Le BoM persiste ….how long will the show go on ?

BoM just intervened and pushed up the MUR ....

As pointed out in the LM’s article in today’s l’express titled “BoM : le manque de crédibilité empoisonne le marché financier “, the Central Bank believes that “La banque dispose de réserves suffisantes pour faire face à de futures interventions si nécessaire.”

BOM Kaput updated

The Bank of Mauritius (BoM) capital is totally impaired, which will weigh down heavily on the central bank’s effectiveness in achieving monetary policy and financial stability objectives.

 

The latest statement of financial position published by the BoM reveals that an accumulated loss of of Rs11 bn was recorded between end June 22 and end Oct 22.  BoM capital and reserves at end Oct 22 are thus totally completely wiped out, following losses in August, Sept, and Oct 22. 

I love football but I love the respect for human rights more….

We support Nishal !

Be present today at Place Cathédrale to support Nishal !

«C'est juste pour dire que nous sommes affectés par cette situation inflationniste et que nous souhaitons que le gouvernement fasse en sorte de baisser les prix des carburants. Et qu'il diminue l'inflation à Maurice, redynamise l'économie et diminue ses dépenses. Je demande ces choses-là pour que le Mauricien vive mieux».