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Mauritius: The tourism sector on the island is indebted to the tune of 47.3 billion rupees




Since April 2014, the loan granted to the Mauritian private sector by the commercial banks has decreased in Mauritius.
 
 Thus, in late September, bank credit of the private sector was estimated at 265.8 billion rupees. * In March, it stood at 271 billion rupees.
 
The construction sector is thus indebted of some 77.6 billion rupees, then follows the tourism industry with 47.3 billion rupees to reimburse the commercial banks.
 
* One euro roughly equivalent to 40 rupees



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