Business
Tourism sector debts attain Rs56 billion
The tourism sector had debt hitting almost Rs 55.9 billion by the end of August, according to latest figures released by the Bank of Mauritius.
In the document “Bank Loans to Other Nonfinancial Corporations, Households and Other Sectors1, End-August 2021”, the BoM revealed that loans borrowed by other sectors of the economy were:
- Real-estate sector : Rs 23.5 billion
- Commerce sector: Rs 20.8 billion
- Manufacturing sector: Rs 19.6 billion
- Construction: Rs 16 billion
- Fishing and agricultural: Rs 12 billion
The household debt for Mauritius escalated to Rs 121.3 billion by the end of August.
