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National Blueprint · One of 195

Mauritius

An island nation of 1.24 million with $10.3 billion of reserves, which has set itself a legal anchor to bring public debt of 87.8% of GDP down to 75% by 2030.

Perfect Nations values what Mauritius owns and raises capital against it, through innovative financing for development (FfD) and super intelligence (SI).

Mauritius at a glance

  • 1.2mPeopleWorld Bank, 2025
  • Furthest from reach · Shelter48.7%of city dwellers in Mauritius live in slumsUN-Habitat, 2022
Work with usRead the Letter to Mauritius

What we do for Mauritius

Assets. Capital. Solutions.

Perfect Nations is a new-age sovereign advisory firm, and its clients are nations.

  1. 01AssetsThe cupFive sovereign assets, valued, from The Reserves to The People.
  2. 02CapitalThe laurelsThe instruments that raise capital against those assets, from every source.
  3. 03SolutionsThe seven starsSeven basic standards of living, star by star. Shelter is furthest from reach today.

The whole logo: a Perfect Nation, where every citizen has all seven basic standards of living, led by good governance.

01Assets · The cup · Sovereign Assets

Five assets no balance sheet counts.

Each is owned today, earns today, and can carry Mauritius toward seven basic standards of living for every citizen.

  • $10.3bnGross international reserves, 2025

    The Reserves

    Reserves worth about two thirds of a year’s output: a base for long-term finance in local currency.

  • 40.9%Of the land in agriculture, 2024

    The Farmland

    Cane fields that built the economy, ready to be priced as land, energy and food.

  • 21.7%Of electricity from renewable sources, 2021

    The Clean Grid

    Cane, sun and water already give a fifth of the power.

  • 19.2%Of the land under forest, 2024

    The Forest

    Standing forest that stores carbon and water, and can earn as it stands.

  • 1.2mCitizens, 2025

    The People

    14.5% are under fifteen: the workforce and the market of the next generation.

Every figure, with its sourceThe Sovereign Assets ledger

02Capital · The laurels · Capital Architecture

Rich in reserves, heavy in debt, anchored by law.

Bonds, guarantees, swaps and loans that raise capital against what Mauritius owns, every line sourced.

Capital Architecture

The record in figures

  • $10.3bnGross international reserves, 2025IMF, 2026
  • 87.8%Public sector debt, share of GDP, 2025/26 (Rs682 billion); the budget aims for 79.8% within three yearsPwC Mauritius, 2026
  • 75%Fiscal anchor in law: public sector debt of 75% of GDP by end-June 2030, Public Debt Management Act as amended in 2025allAfrica, 2026

Capital already committed

  • The capital already committed to Mauritius is being gathered: every instrument and investment on record, with its source.

The Mauritius Newswire

The Solutions Wire
Priya Ramdin, Nation Steward of Mauritius

Priya RamdinNation Steward of Mauritius · SI Researcher

Already working in Mauritius.

Independent firms and social enterprises already at work in Mauritius, highlighted by Perfect Nations. None is a partner of Perfect Nations.

Suggest an enterprise

  • The first firms and social enterprises at work in Mauritius are being gathered.

    Name one already at work there: it may be highlighted here, with its source.

03Solutions · The seven stars · Perfect Capita

Perfect Mauritius, star by star.

Perfect Capita is the yearly cost, per person, of lifting everyone above the Living Line in all seven basic living standards, set with Mauritius in its own prices.

How Perfect Capita works
Mauritius: the seven stars of the logo, one for each basic standard of living, rising from the cup; Food is the larger centre star. Each star carries the figure for Mauritius.WATER99.9%SHELTER51.3%ENERGY99%FOOD71.8%EDUCATION59.5HEALTH75LIVELIHOOD80.9%
51.3%
Shelter · furthest from reachCity dwellers outside slums; 48.7% live in slums; safely managed sanitation is not measuredUN-Habitat, 2022

Tap a star for its figure and source.

The price of Perfect Mauritius

To be set with Mauritius, from its own figures and in its own prices: Perfect Capita times the people of Mauritius, each year.

Read more
  • Food71.8%Not food insecure; 28.2% are moderately or severely food insecureFAO, 2024
  • Water99.9%Basic drinking water; safely managed water is not measured (lenient)WHO/UNICEF, 2024
  • Shelter51.3%City dwellers outside slums; 48.7% live in slums; safely managed sanitation is not measuredUN-Habitat, 2022
  • Energy99%99% cook with clean fuels and technology; 100% have electricityWorld Bank, 2024
  • Education59.559.5% of children read a simple text by the end of primary school; 2006, datedWorld Bank, 2006
  • Health75WHO service coverage indexWHO, 2023
  • Livelihood80.9%Above US$8.30 a day; 19.1% live below it, datedWorld Bank, 2017

Perfect Nations estimate, to be confirmed with Mauritius. Figures marked dated rest on surveys more than five years old; lenient measures are marked as such. The strict measures

Strict measures. Food: share not moderately or severely food insecure (FAO). Water: safely managed drinking water where measured; where it is not, basic water, marked as such. Shelter: the lower of safely managed sanitation and the share outside urban slums. Energy: the lower of electricity per person against 1,000 kWh and clean cooking; where electricity per person is not published, clean cooking. Education: the lower of children reading by the end of primary school and lower-secondary completion. Health: WHO service coverage index. Livelihood: share above the stricter of the national poverty line and the World Bank line for the nation’s income group. Each figure links to its source.

Solutions for Perfect Mauritius

All Solutions

  • The Solution for MauritiusShelter

    Ring-fence bond money for homes and sanitation.

    • 01The challenge48.7% Of city dwellers in Mauritius live in slums. UN-Habitat, 2022
    • 02The dealSocial bond, proved in Ecuador, 2020: $400M for affordable homes. Inter-American Development Bank, 2020
    • 03What Perfect Nations advisesNations where shelter is furthest from reach should issue a social bond whose proceeds can be spent only on eligible homes, toilets and sewers. With super intelligence, each unit can be planned, priced and verified, and reported to investors every year, until every family has a safe home.
    Co-design it inThe ReDesign StudioThe three mandates
Perfect Nations® · Letters to the NationsMauritius

Dear Mauritius,

You built one of Africa’s most prosperous nations from cane fields and an open port, and you hold reserves worth about two thirds of a year’s output.

Read more

Your debt is high, and you have written its limit into law. Let your institutions, your reserves and your ocean carry capital at the price they deserve.

“You wrote the limit into law. Let the markets read it, and price it.”

Yours in design,Preeti SinhaPresident and CEO, Perfect Nations

Work with us · The ReDesign Studio

The Perfect Mauritius ReDesign Studio

One mission, three depths: the same four moves for Mauritius, taken as far toward market as you choose.

Read more

For the Government of Mauritius, its development partners and investors. Scope and fees are agreed in writing before any work begins.

  1. 01Identify the assets
  2. 02Estimate Perfect Capita
  3. 03Co-design the capital architecture
  4. 04Launch the instruments

  1. Mandate 013 hours

    The Nation Briefing

    A private session for the people who decide.

    You leave withThe gap, named and sized

    Read more
    1. 01The five sovereign assets on this page, walked through.
    2. 02Shelter, the standard furthest from reach, and the Gap, explained.
    3. 03The instruments that could close the Gap, shortlisted.
    4. 04The path to market, outlined.
    Request a Nation Briefing

  2. Mandate 023 days

    The Blueprint Lab

    Your team and ours, working the blueprint together.

    You leave withThe structure, drawn

    Read more
    1. 01The ledger tested against your ministries’ own data.
    2. 02Each of the seven standards costed in local prices.
    3. 03One financing structure, drawn with your team.
    4. 04A term sheet and the partners to approach.
    Plan a Blueprint Lab

  3. Mandate 03End to end

    The Sovereign Mandate

    Led personally by the President and CEO.

    You leave withA structure ready for market

    Read more
    1. 01A full sovereign asset ledger, valued and verified.
    2. 02Perfect Capita set and agreed with government, with a monitoring plan.
    3. 03The full structure: legal form, credit enhancement, guarantees and pricing.
    4. 04Taken to investors and development partners, through to close.
    Discuss a Sovereign Mandate

Co-design it with us

Where Mauritians and Co-designers design the nation they want to live in.

  • Writings

    Write Perfect Mauritius into being.

    Up to 1,500 words on your vision of Perfect Mauritius, published with your name.

    Submit your writing

  • Voices of Perfect Nations Launching soon

    The local leaders already building Perfect Mauritius.

    Great local leaders: honest, dedicated and committed to basic standards of living for all. Every guest answers one question: “What does Mauritius already own, and how could it pay for a decent life for every citizen?”

    Nominate yourselfSuggest a guest

  • Co-designers

    Join the community.

    Everyone who shares a vision, a voice or an enterprise here becomes a Co-designer of Perfect Mauritius.

    Become a Co-designer

The Mauritius ReDesign Studio is open

Design Perfect Mauritius with us.

Share your vision, suggest a guest, or write to us: every message receives a personal reply.

Enter the ReDesign StudioWrite to usAll 195 nations
Sources
  1. World Bank, World Development Indicators (API, last updated 8 October 2026), accessed 10 November 2026: population 2025, ages 0 to 14 2025, land area and agricultural and forest land 2024, renewable fresh water per person 2022, natural resource rents 2021, renewable electricity output 2021, electricity access and clean cooking 2024.
  2. The seven standards: FAO food insecurity, WHO/UNICEF JMP water and sanitation, UN-Habitat urban slums, World Bank clean cooking, learning poverty and lower-secondary completion, and poverty headcounts (all via the World Bank); WHO UHC service coverage index, 2023.
  3. IMF, PR 26/246, 15 July 2026 (2026 Article IV).
  4. PwC Mauritius, Budget 2026/27 public finance; allAfrica, 1 July 2026 (fiscal anchor). Capmad, IMF on debt of about 88% of GDP.
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