The Bank of Mauritius (Bank) has, as of March 2020, introduced a series of measures under a Support Programme to assist households impacted by COVID-19.
As part of the series of measures under its Support Programme, the Bank had borne the interest payable on outstanding household loans with commercial banks for the period 1st April 2020 to 30th June 2020.
The Bank hereby announces that it will again bear the interest payable on the outstanding household loans with commercial banks, for the period 1st January 2021 to 31st March 2021.
In light of the evolution of the economic context, the Bank of Mauritius stands ready to take any additional appropriate measure to maintain the stability of the financial system and mitigate any adverse impact on economic growth and development, consistent with its statutory responsibilities.