There is the risk of sluggish global growth. In its July 2019 World Economic Outlook (WEO), the IMF revised its global growth forecast for 2019 from 3.3 percent last April to 3.2 percent. Trade tensions between the US and China continue to be at the forefront with both countries raising tariffs on different imported goods.
This mechanism is aimed at eliminating settlement risks and is in accordance with the recommendations of the Bank for International Settlements for securities settlement. •  We broadened the coverage of the Mauritius Credit Information Bureau to include insurance companies, non-bank deposit taking institutions, and utility providers, as well as the Central Bank itself.