Public Debt Reaches 89.3% of GDP: Now at Rs 654.47 Billion

At 89.3% of GDP, public debt has risen to Rs 654.47 billion.

As of September 2025, the public debt increased by Rs 19.74 billion over three months, moving from Rs 634.73 billion at the end of June to Rs 654.47 billion by the end of September 2025. This level of indebtedness now represents 89.3% of the gross domestic product (GDP). In simpler terms, each Mauritian carries a debt burden of Rs 525,957.

Net Debt No Longer Compiled

Since September 2025, the net debt of the public sector is no longer calculated. The reason for this change is the repeal of Article 6(1A) of the Public Debt Management Act by the 2025 Finance Bill. Consequently, cash, cash equivalents, and equity are no longer deducted from public sector debt.

Rs 525,957 Per Inhabitant

With public debt totaling Rs 654.47 billion and an estimated population of 1,243,741 residents, the debt burden per citizen is around Rs 525,957. While this figure is indicative, it reflects the actual weight of national indebtedness on each individual.

Target of 75% of GDP in Three Years

The government aims to reduce the debt to 75% of GDP within three years, with a long-term target of 60%. It also plans to save Rs 5 billion during this period, primarily through reducing waste and improving efficiency in public financial management.