With a view to fiscal policies in the euro area, it is important that the opportunity of the current economic environment is seized to improve the soundness of public finances. Member States should take advantage of the current cyclical position in order to achieve and maintain budgetary positions, which meet the requirements of the Stability and Growth Pact.
Yandraduth Googoolye: The importance of financial services to the economy and the need for good governance Speech by Mr Yandraduth Googoolye, Governor of the Bank of Mauritius, at the Celebration of the 125th anniversary of the Mauritius Civil Service Mutual Aid Association Ltd, Port Louis, 15 November 2018.