Tuesday, September 20, 2011

Debt Service to Exceed Education Budget By 40% in 2013


That translates into 4 billion rupees more on interest payments than money set aside for human capital or if you prefer two Midlands-dam-sized reservoirs. The other alarming thing to note here is that expenditure on education is not even expected to keep up with increases in the general level of prices. On dit merci qui?

Hope Xavier is paying attention.
at

2 comments:

  1. akagugo22 September, 2011 15:48

    Ena pe dirr:
    "Nous avons aussi la possibilité d’emprunter de l’étranger. La dette externe de Maurice ne représente que 3 % du total de la dette."

    Ki pou capav dirr li?

    ReplyDelete
  2. Sanjay Jagatsingh24 September, 2011 12:16

    3%, hein? Li ti bizin montrer levolisyon det pei inpe kumsa.

    ReplyDelete