89.5% of GDP: Public Debt Exceeds Rs 675 Billion

Public debt continues to rise, remaining a central concern for economic stability. According to the latest data from the Ministry of Finance, published on Thursday, April 30, public debt increased from Rs 654.5 billion in September 2025 to Rs 661 billion in December. During the same period, the debt-to-GDP ratio slightly decreased to 89%.

However, the trend reversed in March 2026, with debt rising to Rs 675.4 billion, or 89.5% of GDP.

Dr. Chandan Jankee states that public debt remains a significant issue for the country's economy. Given the ongoing conflict in the Middle East and an anticipated slowdown in growth and investment in Mauritius, pressure on public finances could persist.

According to the economist, the upcoming Budget presents a key opportunity for the government to define a new economic strategy capable of revitalizing growth and ultimately reducing the burden of public debt.