Mauritius: Staff Report for the 2017 Article IV Consultation-Press Release and Staff Report

International Monetary Fund

No 2017/362, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2017 Article IV Consultation highlights that the international reserve buffers have improved substantially in Mauritius. The government intends to pursue an ambitious growth strategy anchored on significant public investments in infrastructure and improvements in the business environment. Growth is projected at 3.9 percent in 2017, and about 4.0 percent over the medium term. The authorities have taken steps to mitigate financial stability risks and are well-advanced in modernizing financial sector regulation. However, the vibrant Global Business Sector faces pressure from international anti-tax avoidance initiatives. Fiscal space is limited, fiscal risks are increasing, and there are signs of building inflationary pressures.

Keywords: ISCR; CR; fiscal policy; accommodative fiscal policy; debt; exchange rate; Mauritius; rate; World Bank ASA; inflation objective; long-term debt; headline inflation; increase inflation expectation; money market rate; Inflation; Balance of payments statistics; Financial statistics; Global; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 73
Date: 2017-12-08
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Citations: View citations in EconPapers (8)

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