Moody’s Downgrade Risk Rises

[L’Express] Mauritius was downgraded by Moody’s in July 2022 to Baa3, only one notch above sub-investment grade, but with a stable outlook. In January 2025, Moody’s maintained the Baa3 rating, but revised the outlook to negative, on the grounds of “uncertainty about Government’s ability to reverse recent fiscal deterioration”. In January 2026, Moody’s acknowledged progress in the implementation of difficult fiscal reforms, and estimated a budget deficit of 6.4% of GDP for 2025-26, down from 9.3% in 2024-25. Moody’s

المصدر: allAfrica — Mauritius