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There used to be a time when politicians and their nominees would selectively quote from IMF staff statements and reports in order to convince the population that all was well in paradise, that they could go back to watching the Premier League games or Hindi soaps and that we were an example for Africa but long gone are those days. In a recent interview on the Mauritius Times newspaper, the Lord Meghnad Desai, the outgoing chairman of the MIC unknowingly perhaps jumped on the new message that has been cooking from the “so what!” school of thought over the past month, that is, “let the IMF say what it says. Who cares?”. The interview in itself is puzzling and concerning at the same time. Firstly, there seems to be a bit of a confusion when it comes to why central banks across the globe hold international reserves in the first place.