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Mauritius: The public debt grows heavy in one year by 10.5%




The latest figures published by the Minister of Finance of the island puts forward of a public debt which has increased by 10.5% in one year reaching more than 211 billion rupees* that is 56.4% of the gross domestic product.
 
The debt of the Mauritian government is figured in June 2014 at 204 billion rupees (+12.3%) and that of public enterprises on its side is about 7.6 billion rupees (-22%).
 
The Mauritian authorities have announced their aim of bringing back the weight of public debt on the horizon of 2018 to about 50%, as reported the Le Défi Quotidien newspaper.



Fabrice François


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