Subject: National Budget 2025-2026: Rebuilding Mauritius: Tighten Today, Thrive Tomorrow

National Budget 2025-2026

Rebuilding Mauritius: Tighten Today, Thrive Tomorrow

In the few weeks following the 2024 elections, the Prime Minister, Dr. Navinchandra Ramgoolam, already warned the population, through a comprehensive state of the economy report, that the country's finances were in dire straits with adownward spiraling debt burden. He also pointed to a worsening trade deficit, an accelerated depreciation of the rupee fueling inflationary pressures, and a budget deficit far exceeding initial projections. While Moody's maintained the Investment Grade status of Mauritius in February 2025 - an exceptional feat for the region, it highlighted the important fiscal challenges and the need for urgent reforms while lauding the strength of the financial sector.


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The information in this e-newsletter was prepared by Intercontinental Trust Limited to provide potential clients with a broad overview of the opportunities available in Mauritius. While all reasonable care has been taken in the preparation of this e-newsletter, Intercontinental Trust Limited accepts no responsibility for any errors it may contain, whether caused by negligence or otherwise, or for any loss, however caused, sustained by any person that relies on it. Readers are advised to consult with appropriate, qualified professional advisors before taking action. Intercontinental Trust Limited will be pleased to discuss any specific issues.

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