[ITL] Rebuilding Mauritius: Tighten today, thrive tomorrow
Mauritius Budget 2025-2026 highlights.
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By Intercontinental Trust
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 a downward 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.
Read more: Mauritius Budget 2025-2026 highlights
Established in 1999, Intercontinental Trust Limited (ITL) provides a plethora of financial and fiduciary services to a diversified client base including private equity firms, real estate multinationals, financial institutions, investment managers and high-net-worth individuals among others.
ITL is located in Ebene, the financial centre of Mauritius and has offices in Singapore, Seychelles and representative offices in South Africa and Kenya.