This is specifically what is also required for the Bank of Mauritius. The primary objective of the Bank of Mauritius as laid down in the Bank of Mauritius Act is to maintain price stability and to promote orderly and balanced economic development. These two objectives are obviously connected since preserving price stability encourages stronger economic activity in the long run.
Hence, the developments in the behavior of financial institutions and corporate financing need closer monitoring. 2  BIS Review 9/2002