» Politics in Mauritius - ELECTORAL 2005

Type: Parliamentary democracy
Capital: Port-Louis
Names: Conventional long form: Republic of Mauritius
Conventional short form: Mauritius
Administrative divisions: 9 districts and 3 dependencies*; Agalega Islands*, Black River, Cargados Carajos*, Flacq, Grand Port, Moka, Pamplemousses, Plaines Wilhems, Port-Louis, Riviere du Rempart, Rodrigues*, Savanne
Independence: 12 March 1968 (from UK) National holiday: Independence Day, 12 March 1968

Since independence in 1968, Mauritius has developed from a low income, agriculturally based economy to middle income diversified economy with growing industrial and tourist sectors. Sugarcane is grown on about 80% of the cultivated land area and account for 45% of export earnings.


NATIONAL PRODUCT: GDP - purchasing power parity - $9.3 billion
COMMODITIES: textiles 44%, sugar 40%, others manufactures 10%
PARTNERS: EC and US have preferential treatment, EC 77%, US 15%
COMMODITIES: manufactured goods 50%, capital equipment 17%, foodstuffs 13%, petroleum products 8%, chemicals 7%
PARTNERS: EC, US, S.Africa, Japan ELECTRICITY:
CAPACITY: 340,000kW
PRODUCTION: 920 million kWh
CONSUMPTION PER CAPITAL: 777 kWh (1993)
INDUSTRIES: food processing (largely sugar milling), textiles, wearing apparel, chemicals, metal products, transport equipment, tourist.
CURRENCY: 1 Mauritian rupee (Rs. 1.00) = 100 cents.
EXCHANGE RATES: Euro1 = RS 39.80 (July 2006)

(Published by The Ministry of Economic Dev. Productivity)

TOTAL PUBLIC SECTOR DEBT
(AS AT END JULY 2003)
1998
1999
2000
2001
2002
2003
2004
2005
Internal Public Debt
34,619
40,974
46,946
53,745
67,415
85,274
88,721
100,938
External Public Debt
10,752
10,037
9,891
6,816
8,465
8,153
8,618
8,788
Total Public Debt
45,371
51,011
56,837
60,561
75,880
93,427
97,339
109,726
-As % of GDP
49.9%
49.6%
50.5%
48.9%
55.4%
62.1%
55.8%
58.6%
External Debt of Parastatals
14,997
16,901
15,592
18,032
18,597
17,423
15,682
16,826
Total Public Sector Debt
60,368
67,912
72,429
78,536
90,691
100,350
113,021
126,552
-As % of GDP
66.3%
66.0%
64.3%
63.4%
66.3%
66.7%
64.8%
67.6%
 
*See more details on www.gov.mu
 
TRADE DEFICIT
1998
1999
2000
2001
2002
2003
2004
2005
Exports (f.o.b.)
40,051
40,025
40,882
47,511
54,762
59,900
52,704
59,248
Import
49,742
56,629
54,928
57,940
64,888
69,400
69,388
84,751
Trade Deficit
-12,399
-9,691
-14,046
-10,429
-10,126
-9,500
-
-
 
INFLATION
Inflation rate (%)
2002
6.3
2003
5.1
2004
3.9
2005
4.9
2006 [Forecasts]
8.5
 
UNEMPLOYMENT
Rate (%)
2000
5.9
2001
5.4
2002
8.7
2003
10.2
2004
8.4
2005
10.3
2006 [Forecasts]
11.0

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