Bank of Mauritius: The Silent Rs 3 Billion Recapitalization Raises Questions

The recapitalization of the Bank of Mauritius (BoM) amounting to Rs 3 billion, which took place in September 2025, now raises more questions than certainties. This is not so much about the principle itself—since a central bank can legitimately be recapitalized by the state—but rather about the silence that surrounded it. There were no official statements, no explanatory notes, and no public clarification from the BoM to accompany this operation, which was approved through legislative means.