The Governor and the Politician !

A central bank governor needs a degree of reserved communication to maintain credibility, avoid over-promising, and ensure effective monetary policy implementation, as over-communication can lead to "signal extraction problems" and undermine policy credibility.

Sithanen’s unconvincing intervention on Radio Plus

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.

My comments on the "SEL SOLUTION REVOLUTION" post (see attached)

 

Who cares who is Paul Lismore ? Kan li ti pé kraz rézim Jugnauth day and night, sans relâche-becoming one of the most popular and pertinent blogs that could not be missed, long before the manifestation of "Moustass Leaks "- so pseudonyme pas ti enn problem ler la !!

Quel Culot !

After the arrest of the Gooljaury brothers, what’s making the headlines is the shocking revelation by the PM in his parliamentary reply that the MSM government has squandered a whopping 110 million dollars  (with annual maintenance costs of 7.5 million dollars and  evidence of over-billing ) on purchasing highly sophisticated equipments for state  surveillance of the entire nation.

An independent audit and evaluation of Airport Holdings Ltd (AHL) !

 

Now that things seem to be stabilising at MK following its Annual Meeting of Shareholders and the appointment of a temporary Managing Committee with executive powers pending the nomination of a new Chief Executive Officer, ( as in the pre-2014 days waiting for NCR to come out of his proverbial lethargy and now familiar equivocation ), it’s time now for the Governor of the Bank of Mauritius to ask for a full audit of AHL, which has not yet published its audited financial accounts since its setting-up in August 2021.

Inspiring speech by ReA’s MP Babita Thannoo- “acting upon our care”

In her maiden speech in the National Assembly on Tuesday, Babita Thannoo called for far-reaching changes. Hailing the govt programme 2025-29 as a beacon of hope, the MP emphasised social justice and the need to overcome community divisions. She has stressed the urgent need to rebuild the country and undertake major reforms to meet people's expectations.

UK denies it faces paying billions more for Chagos

 The UK government has denied claims made by the prime minister of Mauritius that it faces paying billions more under a renegotiated deal over the future of the Chagos Islands.