CKLB News brief
Dear Friends
On 5 June 2025, the Honourable Prime Minister and Minister of Finance, Economic Development delivered the National Budget Speech themed “From Abyss to Prosperity: Rebuilding the Bridge to the Future”, setting the tone for the government’s strategic agenda under its current mandate.
The Budget outlines a forward-looking economic vision anchored on three core pillars, namely: (a) Economic Renewal, (b) A New Social Order and (c) Fiscal Consolidation.
In 2024, Mauritius recorded a GDP growth of 4.7%, primarily driven by strong performances in construction, tourism, and financial services. Nonetheless, inflation remains elevated at 3.8% due to external price pressures and the unemployment rate stands at 6%, largely impacted by structural labour shortages. Public sector debt has reached 90% of GDP, underscoring the importance of the budget’s fiscal discipline measures.
We trust this brief provides a valuable overview of the key highlights and implications of the 2025–2026 Budget. As always, we welcome your feedback and thank you for your continued readership and support.
Best wishes
The Editorial Team
