Public Finance
Budget Balance
GDP growth rate
For the first time in over 5 years, real GDP growth rate is forecast to reach the 4.0% mark by June 2020 on the back of a construction sector boosted by major public infrastructure projects, stable inflation and declining unemployment.
Public Debt
According to the World Bank, a Debt-to-GDP ratio in excess of 77.0% over an extended period slows down a country’s economic growth. For emerging countries, it found that every percentage point of debt above 64.0% is expected to slow real growth by 0.02 percentage point every year. Mauritius has posted a Debt-to-GDP ratio of 65.0% for 2018/19 with an ambitious target of nearing 60.0% within the next two years.
Debt-to-GDP ratio
Anthony Leung Shing, ACA, CTA
EMA Deputy Regional Senior Partner, Country Senior Partner, PwC Mauritius
Tel: +230 404 5071