This framework suggests, first, that much of the recent shortfall of inflation from our 2 percent objective is attributable to special factors whose effects are likely to prove transitory.
In January last year, the Bank of Mauritius rolled out a nation-wide strategy with specific focus on financial literacy in a digital era. The strategy, which benefitted from the OECD INFE's endorsement, aims at fostering an appropriate level of financial education to enable customers to make informed decisions about the suitability of financial products to their specific situations.