There is currently a shortage of foreign currencies in the local market. Bank of Mauritius director did not wish to make any comments on the matter. The Minister of Finance however, made an appeal to individuals holding foreign currencies to sell them. As to date, the sterling is exchanging above mur60.
Archive for the ‘Economic state’ Category
Shortage of currencies!
Wednesday, August 23rd, 2006Finance bill
Monday, July 31st, 2006Weather was nasty this morning. But now it is shinning but very windy and nevertherless cold.
On saturday, after l left for work, she cried. Don’t know why. I was told that she was feeling very cold and she shook life a leaf. My father, panicked, called for her brothers and sister to her bed. I think the reason for her crying is that she was feeling lonely.
My grandmother is suffering from the consequence of her fall. She cried every night and had to take pain killers. Think she is getting addicted to that reliever.
Yesterday, it was raining all the day. So took the opp to sleep all day. Then watched some films and got headache. Took some pill and resleep again. Rodrigues is without a regional assembly since saturday. Serge Clair resigned from his post and since then a temporary commissioner was appointed in the wait of a newly elected one. On the mainland, debate around the finance bill is still going strong especially over the residential property tax.
My Blog
Wednesday, July 26th, 2006Finally! Yeah! A blog space for me. After all i have heard or read, i was a bit apprehensive about the blog thing. But as the saying goes, must try it.
Here in dodo land, it is very windy and chilling. Everyone covering him/herself, protecting thyself from flue by consuming vitamin c. Life’s becoming expensive, even more after the recent budget. The impact is more than appalling. Fuel rose by more than 20 percent per litre, flour, rice no longer subsidised. To counter the rising inflation, one would expect a rise in the salary, but the govt proposition of raising the pay by only rs 135 is sluggish compared to the cascade rise in price on only the basic necessities. The papers today mention that now buses (especially private owned ones) want a rise in the ticket price of rs 8-10. Main reason put forward is the rise in fuel and the usual rhetoric of cost increase of maintenance (eg tyre repairs).
To add to the erosion of our purchasing power, the finance bill has been enacted to tax every form of interest, let in be in savings or on term deposit. This is a govt dominer, taking the fact that ti dimoune has longed saved for the future welfare of their children.
There is a growing debate around campement tax but the matter is being relegated to second front by the atrocities of a small girl who was brutalised by her parents. Where wre we going??