Bank of Mau­ri­tius is­sues mon­e­tary pol­icy report

The Pak Banker - - COMPANIES/BOSS -

Fur­ther to the amend­ments brought to sec­tion 54(1) of the Bank of Mau­ri­tius Act 2004 in De­cem­ber 2012 re­lat­ing to the com­po­si­tion of the Mon­e­tary Pol­icy Com­mit­tee (MPC), the MPC has now been re­con­sti­tuted as fol­lows: (i) Mr Rund­heers­ing Bheenick, G.O.S.K, Gov­er­nor and Chair­per­son of the MPC, ex of­fi­cio (ii) Mr Yan­draduth Goo­goolye, First Deputy Gov­er­nor, ex of­fi­cio (iii) Mr Mo­hammed Iqbal Be­lath, Sec­ond Deputy Gov­er­nor, ex of­fi­cio (iv) Pro­fes­sor Jef­frey Frankel, James W. Harpel Pro­fes­sor of Cap­i­tal For­ma­tion and Growth Kennedy School of Government, Har­vard Univer­sity, USA (for­eign mem­ber), ap­pointed by the Prime Min­is­ter (v) Mr Hem­raz Oop­ud­dhye Jan­kee, Eco­nomic Con­sul­tant and former Chief Econ­o­mist of the Bank of Mau­ri­tius, ap­pointed by the Prime Min­is­ter (vi) Mr Nis­han Deg­narain, Con­sul­tant, ap­pointed by the Fi­nance Min­is­ter (vii) Mr Pierre Dinan, C.S.K, G.O.S.K, Con­sul­tant, ap­pointed by the Fi­nance Min­is­ter (viii) Pro­fes­sor Sil­vana Ten­reyro, Lon­don School of Eco­nom­ics, UK (for­eign mem­ber), ap­pointed by the Fi­nance Min­is­ter.

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