Public Notice: Extension of moratoriums granted to economic operators, including SMEs, households and individuals impacted by COVID-19

PUBLIC NOTICE

Extension of moratoriums granted to economic operators, including SMEs, households and individuals impacted by COVID-19

2 December 2020

As from March 2020, the Bank of Mauritius (Bank) has introduced a series of measures under a Support Programme to assist economic operators, SMEs, households and individuals impacted by COVID-19.

The Bank wishes to inform the public at large that the moratorium on loans has been extended to the 30th of June 2021. The aim of this extension is to further support businesses and those facing financial constraints as a result of the COVID-19 pandemic.

A number of other measures falling under the Support Programme have also been extended to the 30th of June 2021. Amongst those is the Special Relief Amount of Rs5 Billion. This facility has been made available through banks to meet cash flow requirements of economic operators impacted by COVID-19, and to safeguard business continuity.

The decision for the extension of the above-mentioned measures has been taken in consultation with the Mauritius Bankers Association Limited.

The Bank is closely monitoring the economic situation in the country and will take any measure it deems appropriate to maintain the stability of the financial system and protect the Mauritian economy.

1 Clarifications on the moratoriums on loans are available on the Bank's website on:https://www.bom.mu/media/covid19actions/covid-19-support-measures-series-clarification-moratoriums-loans

Questions for any clarification may be sent [e-mail]

BANK OF MAURITIUS Telephone: [phone]

Sir William Newton Street, Port Louis, Mauritius

Email:[e-mail]:www.bom.mu