It is not exactly a secret although it may not be very widely known in financial circles but we do have very fishy banks in Mauritius – and large ones too. It is also an area where there are many sharks. Worse, these fishy banks are all under water.
The longer term impact of the crisis remains surrounded by a great deal of uncertainty, as it is difficult to say how much and in what way the pandemic will ultimately shape households’ behavior and consumption patterns, what new needs will emerge and which social habits will be abandoned definitively.