At the Bank, we engage in dialogue with our stakeholders and pursue consultative meetings with them to gauge their views, which are vital to enhance effective policy formulation and decisionmaking processes. We stand guided by the vision of our Board and operate independently within the parameters of the Bank of Mauritius Act.
Our estimate of the underlying trend in mining-related activity over the next couple of years is for increases in the order of 10 to 15 per cent. The rest of the economy on the other hand, is growing at an annual rate of only about 2 per cent. This is below what would have been regarded as normal in the past.