It’s a good trend; we hope that, with this increase in interest rate, which should be reflected in the savings deposit rate charged by banks, investors will be even more encouraged. And to help you compare Mauritius with other countries, we will circulate two tables – one to highlight the rate of inflation in countries that are relevant to Mauritius or in comparable countries.
From the table, you will see that there are only three countries that have a higher inflation rate than Mauritius, namely India, Indonesia and Romania. All other countries have an inflation rate lower than that of Mauritius. A big effort is required to bring back our inflation rate in the ranks.