of living and housing availability are still predominant concerns, among others. the entertainment, arts, businesses, culture, and landmarks that we have here in new york cannot be replicated elsewhere. but those experiences can only be had if there are jobs and a healthy economy to support it all. it's important that we invest in the study of the challenges and opportunities for employment in this city, so that we can build the future. our conference today will do just that. in our sessions this morning, we'll talk about how employment was and continues to be impacted by shifts in the city. and we'll discuss similarities and distinctions across industries and occupations, initiatives that will attract and retain a robust workforce, and more. thanks again to our speakers and panelists for the knowledge and insight they bring to this event, and to all of you for attending and demonstrating your commitment to shaping the future of this great city. 2 / 3 bis - central bankers'speeches 1 jaison r. abel, jason bram, and richard deitz, " new york fed surveys : business activity in the region sees historic plunge in april, " federal reserve bank of new york liberty street economics, april 16, 2020. 2 jaison r. abel, jason bram, richard deitz, and jonathan hastings, " the region is struggling to recover from the pandemic recession, " federal reserve bank of new york liberty street economics, december 17, 2021. 3 / 3 bis - central bankers'speeches

harvesh seegolam : current economic conditions and outlook statement by mr harvesh seegolam, governor of the bank of mauritius, at the post monetary policy committee ( mpc ) press briefing, port louis, 3 april 2024. * * * ladies and gentlemen, members of the media, good morning. i welcome you all to this press briefing for the 70th sitting of the monetary policy committee, the first for 2024. this year shall be remembered for many reasons. the efforts spearheaded by the authorities in the previous years to overcome the crisis, to further consolidate our underlying economic structure and to top it up with the right policy mix, have borne fruits. our economic agility and recent performance have been largely praised by international organisations. let me share some of the upshots of the latest reports of the mauritian economy undertaken by major international institutions : the imf, following the 2024 article iv consultations, stated in its press release that the prompt deployment of pre - pandemic buffers has helped the mauritian economy rebound strongly from the pandemic and that growth prospects remain favourable. inflationary impulses have subsided in 2023 and are projected to ease further this year. moody's, in its january 2024 credit opinion, has maintained the country's baa3 credit rating with a stable outlook. this stable rating outlook reflected mainly the agency's favourable assessment of the country's fiscal and debt metrics as well as sizeable foreign reserves which provide a cushion against external vulnerability risks. the march 2024 country report of the economist intelligence unit also paints a very optimist outlook for mauritius, with growth expected to remain buoyant in the near term and inflation maintaining a downtrend. d. fitch ratings, in its 2024q1 banking and financial services report, assessed that mauritius ranks high relative to its regional peers for being politically stable, coupled with an improving internal balance amidst recovery in the tourism sector and subsiding price pressures. these plaudits have one common thread. they all point towards favourable growth and inflation outlooks for 2024. they also enunciate on the key role played by the bank of mauritius in macroeconomic stabilisation and safeguarding our financial system. before i zero - in on our diagnosis for 2024, let me first walk you through the latest global and domestic economic and financial developments. after that, i shall conclude with the decision taken by the mpc today