Public deficit swells to Rs 76.1 billion as spending outruns income
Rs 76.1 billion. That is how far the general government's books slid into the red over the 2024 to 2025 financial year, up from Rs 56.2 billion the year before, Statistics Mauritius reports. The gap now equals 10.6% of the economy.
The cause is blunt: spending is growing faster than revenue. A deficit is the shortfall the state must borrow to cover, and a bigger one this year usually means tighter budgets, or fresh taxes, next year. Borrowing to plug it is not free either; every rupee of interest is a rupee that never reaches a road or a hospital.
CEB's fuel bill jumps Rs 994 million as heavy oil prices leap 57%
The Central Electricity Board (CEB), the public utility that generates most of the island's power, spent Rs 6.87 billion on heavy fuel oil between January and September, Rs 994 million more than a year earlier. Prices for the two grades it burns rose by more than 57%.
The board warns of further rises in the weeks ahead, and of a widening gap between what electricity really costs to supply and what households are charged. Prices are still climbing. Read that as hint about your next tariff.
Housing minister wants to regularise families on state land, case by case
Housing and Lands Minister Shakeel Mohamed wants to regularise families living without title on state land, nationwide and case by case, starting with Roche-Bois after earlier work at Singamanie. He met the Bishop of Port Louis on the plan, which he says aims to give precarious households security and dignity.
PMSD backs a crime-agency overhaul, but not at the police's cost
Reform the fight against crime, or hollow out the police? The PMSD says both worries can be squared. Adrien Duval supports the National Crime Agency Bill in principle, the plan for a dedicated body to tackle serious crime, but wants guarantees it will not gut the regular force.
Shorts
Flacq schoolgirl reports sexual assault – A student says two schoolmates sexually assaulted her, and police in Flacq are investigating.
Rs 400,000 fine for money laundering – A court fined Joseph Mike Didier Brasse Rs 400,000 for laundering cash into a property purchase.
Air Mauritius adds London flights – The airline plans at least five weekly Gatwick flights to Mauritius, up from its current run.
Up to 500 Indian farm workers due – Agriculture is set to bring in as many as 500 workers from India to fill labour gaps.
President Gokhool takes islands' case to pre-COP31 – He travels to Fiji from 5 October to put Indian Ocean climate priorities to the talks.
|