Seventeen years ago, more specifically, in December 1998, in my first stint as the Governor of the Bank, I gave my first address to a gathering of the main players in the Mauritian economy. The Asian crisis was hitting hard a few of the Far Eastern economies.
This is where our continuing reform initiatives toward greater consumer protection come in. The fourth lesson we can draw from recent experience is that consumer protection complements financial stability. These twin goals ultimately help address the expanding needs of the growing economy.