Monetary growth has been tending to slow down since the spring of 2000. Because of some statistical distortions, even more, in fact, than was initially expected. There are two main causes of these distortions. First, non-euro-area residents have considerable holdings of money market fund units.
I have to reiterate here that economic operators, SMEs, households and individuals who have availed themselves of moratorium facilities on loans granted by banks will not be penalised in terms of reporting to the Mauritius Credit Information Bureau. 33. The setting up of the Mauritius Investment Corporation Ltd (MIC) by the Bank of Mauritius further complements the Bank’s Support Program.