Skip to content
Subscriber Only
Business
Economics

Mauritius Central Bank to Bailout Companies in Covid-19 Response

Police check ID as people enter a Shopping Mall in Mahebourg, Mauritius.

Police check ID as people enter a Shopping Mall in Mahebourg, Mauritius.

Photographer: Doreck Clair/AFP via Getty Images

Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter

The Bank of Mauritius will play a major role in the government’s effort to protect the Indian ocean island’s economy from the impact of the Covid-19 pandemic and will be able to use its reserves to prop up national companies, according to a bill to be presented to lawmakers by Prime Minister Pravind Kumar Jugnauth.