At this point, let me reiterate the core mandates of the Bank: to maintain price stability, to promote orderly and balanced economic development, and to ensure the stability and soundness of the financial system. As such, and given the current context, the Bank of Mauritius will do whatever it takes to safeguard the economy.
All the measures taken by the Bank since March 2020 are a reflection of this commitment. Concretely, these measures aim at alleviating the financial burden of economic operators, SMEs, households, and individuals affected by COVID-19 and protecting jobs. It must be noted that under the Special Relief Scheme a total of Rs2 billion has been approved by commercial banks to economic operators to date.