Bank of Mauritius Income Plunges by Rs 13 Billion in March 2026 Report

A sharp decline in total comprehensive income has hit national accounts, falling by approximately Rs 13 billion within a single month, according to the latest financial figures from the central bank.

The BoM’s income dropped to Rs 39 billion in March 2026, down from the Rs 52 billion reported in February. This downturn headlines a broader contraction in the institution’s balance sheet over the period.

Shrinking Asset Base

The decline in income coincided with a notable reduction in total assets, which retreated from Rs 573 billion to Rs 550 billion.

Analysts point to a tightening of liquidity as a primary driver; cash and cash equivalents saw a significant dip, falling to Rs 100 billion from a previous Rs 113 billion.

Liability Shifts

On the other side of the ledger, total liabilities decreased to Rs 461 billion in March, compared to Rs 471 billion the month prior.

Despite the overall downward trend, specific sectors showed divergent movements:

• Government Liabilities: Rose by Rs 6 billion, doubling the previous figure to reach Rs 12 billion.
• Mauritius Investment Corporation (MIC): Remained stable, with liabilities holding steady at approximately Rs 33 billion.

The data highlights a period of significant fluctuation for the central bank as it manages a tightening cash position and shifting government obligations.

Source: Defi Media