Thursday, February 26, 2015

FM Warns Banks Not To Mess Up With Him

And to play a more active role supplying working-capital to the many SMEs that Government wants to see created. If they don't banks should expect problems from him. Banks have responded that they have helped the development of every sector in Mauritius. Mr. Lutchmeenaraidoo also said that banks were the only sector which makes money without working hard.

A few years ago Mauritius was deemed to be held back by some pretty bad interest rate spreads.

9 comments:

Anonymous said...

And who is warning the FM against the Rupee depreciation tendencies of the BoM man? You? Did you send him an email about it?

I see the FM was using your website for his political campaign. He is indeed a selective guy. And please tell him to increases the 15% corporate tax as well.

akagugo said...

@ Anonymous of February 28, 2015 at 6:19 AM:

"the FM was using your website for his political campaign"

That's an incredible claim, dear fellow human being. We should probably wait and give this government some time to settle down and examine their actions over the next year before jumping to conclusions, even if the perception is that they are rushing on all fronts in an apparent disorderly manner.

But you are right on one thing: in which direction will the new BoM management work - together with the Finance Ministry or work only in favour the perpetual cry-babies? Time will tell...

Sanjay Jagatsingh said...

@A no nymous
You piqued my curiosity so I went to check how he may "have used my website". I saw he had one of my published posts on his FB page. The chart looks quite sexy. And that's kind of nice because it took me a long time to make it.

Please excuse me for not having sent any email to him as I was pretty much caught up with my work.

Ok. So the email should have at least two points eh?

1. Unflatten tax structure
2. Keep Basant Roi on a tight leash

Anything else?

Anonymous said...

Yeah those two points are fine for now, and post evidence of your correspondence too please.

Sanjay Jagatsingh said...

Wouldn't a signed affidavit be better?

Anonymous said...

No, we got too many of those from Ramgoolam already lately.

Just send your correspondence to the new FM, and post a copy on the blog.

Anonymous said...

http://www.lexpress.mu/article/259286/raja-pillayvishnu-ma-ouvert-portes

What about this? Faire rier camarade

akagugo said...

VL's down-to-earth realism again here.

Anou attann li lor kontour...

Sanjay Jagatsingh said...

Yep, a lot more pleasant than Mr Early Harvest aka grot mamu.