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Port Louis

La dette publique – le seuil de 60% déjà franchi

Public debt has crossed the fateful threshold of 60% of GDP. This debt has increased considerably since this government took power, without there having been direct investments in infrastructure.

When we spend to create means of production, such as hotels, factories, or to facilitate business with the improvement of services in the port, our road infrastructure and the improvement of our means of communication, especially in through the internet, all this brings us returns on our investments.

But for this government, with the high number of ministers, the increase in salaries of these ministers and other allowances, such as per-diem, new cars, prestige projects, for example ‘Highlands City’, the debt will go into increasing.

To contain the public debt, there are quite a few measures, among others:

  1. Cut unnecessary spending and invest in productivity
  2. Raise GDP through high value-added projects, so that the 60% public debt can be used to bring in more revenue.

It is clear that it is a government that has no vision and above all no sense of direction due to a lack of leadership…. They are only interested in enjoying themselves and concocting plans for revenge even if that risks cost the country very expensively!!

HAS . J

Announcement

Souvenir Advance Magazine 18 Sep 2017, launched by Dr Navinchandra Ramgoolam, Leader of the Mauritius Labour Party.

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