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INTERNATIONAL CONFERENCE ON DIGITAL ECONOMY AND DIGITAL BANKING (31 October and 1st of November 2022)

The Bank of Mauritius and the Economic Development Board, under the high patronage of the Ministry of Finance, Economic Planning and Development, organised a two-day International Conference on Digital Economy and Digital Banking at Le Méridien Hotel, Pointe aux Piments. The international conference, which was attended by some 250 delegates, was officially opened by the Honourable Prime Minister, Pravind Kumar Jugnauth on the 31st of October 2022.

The opening ceremony saw the presence of Mr. Mathias Cormann, Secretary-General of the Organization for Economic Cooperation and Development as special guest, and Dr. The Honourable Renganaden Padayachy, Minister of Finance, Economic Planning and Development.

Hon. Herve Ndoba, Minister of Finance of the Central African Republic, Mr. Harvesh Kumar Seegolam, Governor of the Bank of Mauritius, Mr. Hemraj Ramnial, Chairman of the Economic Development Board, Governors and Deputy Governors of African central banks, as well as high officials from the public and private sectors attended the opening ceremony.

In his keynote address at the opening of the event, the Honourable Prime Minister, Pravind Kumar Jugnauth reiterated the Government’s commitment to furthering cooperation with international institutions, particularly with the OECD with a view to positioning Mauritius as a Development Model in Africa. The Prime Minister underlined that Mauritius is consolidating the reputation of the jurisdiction as a trusted platform boasting the best international practices and norms for investors. The Honourable Prime Minister stated that Mauritius is proud to be associated with the OECD and stressed on the Government’s commitment to adhere to the OECD’s principles and standards

In his address, Dr. The Honourable Renganaden Padayachy, Minister of Finance, Economic Planning and Development emphasised that Mauritius and the OECD share the same values and principles which are at the core of the country’s development process. The Minister of Finance also expressed his satisfaction that Mauritius is part of the OECD's two-pillar solution and shared that Government is working actively on its implementation pursuant to the 15% minimum global tax.

Mr Mathias Cormann, Secretary-General of the OECD, for his part stated that the International Conference on Digital Economy and Digital Banking is a clear illustration of the excellent and close ties between the OECD and Mauritius. Mr Cormann also expressed his confidence in the Mauritian economy and commended the Government for its commitment to align with the international fiscal system.

The conference also provided an excellent platform for intensive panel discussions on digitalization opportunities and challenges for Africa as well as the implementation of the OECD Two-Pillar Solution. A special panel discussion on the Future of Banking was held on the second day of the conference. The panel discussion was moderated by Mr Kevin Njiraini, Regional Director of IFC. Mr Godwin Emefiele, Governor of Central Bank, Nigeria, Mr Jean-Claude Kassi Brou, Governor of Banque Centrale des États de l'Afrique de l'Ouest and Mr Bouazza Abderrrahim, Deputy Governor of Bank Al-Magrib acted as panellists.

Delivering the concluding remarks, the Governor of the Bank of Mauritius, Mr. Harvesh Seegolam made an appeal to central bank governors and regulators to embrace a more collaborative and knowledge sharing view a view to foster more prosperity in the region.


Speech of the Honourable Prime Minister – International Conference on Digital Economy and Digital Banking

Speech of the Honourable Minister of Finance - International Conference on Digital Economy and Digital Banking

Speech of Governor – International Conference on Digital Economy and Digital Banking