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Mauritius: 163 billion rupees of debts for the Mauritian government at the end of September 2014

The debts of the Mauritian government has raised at the end of September 2014 to some 163 billion rupees, that is an upsurge of more than 10% compared to the same calendar period in 2013, that is. 148 billion rupees had been registered.
The debts of the Mauritian government is mainly consisted of Treasury bills with “53.4 billion of short-term debts, 73.1 billion of medium-term debts and 36.5 billion of long-term debts”.
As a reminder, the Treasury bill allows the Mauritian State to raise capital to curb excess liquidity in the banking system of the island, as reported by the Le Défi Quotidien newspaper.
* One euro roughly equivalent to 41 rupees

Fabrice François

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