The office of AFRITAC (South), one of the two new African Technical Assistance Centres which the IMF is establishing in Africa, will be temporarily located on the 15th Floor of the Bank of Mauritius Tower until we manage to complete the renovation of the old building – this was another project that fell victim in the prolonged Boardroom battle – where AFRITAC will have a dedicated floor.
India’s external sector has displayed considerable strength and resilience since the reforms in 1991 – despite several domestic as well as global political events and supply shocks in food and fuel.