(AFX UK Focus) 2009-12-17 13:52 UPDATE 2-Mauritius debt falling, urges regional trade area (Interactive Investor)

PORT LOUIS, Dec 17 (Reuters) - Mauritius’ finance minister said on Thursday the Indian Ocean island’s debt is on the decline and called for neighbouring islands to forge ahead with building a free trade area. Ramakrishna Sithanen said total external debt, including private sector debt, would be around 10 percent of GDP in 2009 compared to 15 percent in 2005. He said debt ratios were falling even …

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