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Mauritius: 2005 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Mauritius

International Monetary Fund

No 2006/209, IMF Staff Country Reports from International Monetary Fund

Abstract: Mauritius showed slow economic growth owing to the deteriorating external economic environment, particularly of the sugar and textile sectors. Executive Directors urged the authorities to develop a comprehensive economic strategy that combines structural reform measures and policies geared toward macroeconomic stability. They commended the financial sector reform and the implementation of Financial Sector Assessment Program recommendations, welcomed the financial sector monitoring and tax reforms plans and emphasized the need for strong exchange rate and monetary policies for securing external competitiveness.

Keywords: ISCR; CR; bottom; government; inflation-targeting regime; product; price; appreciation to the staff; price development; Mauritian authorities' appreciation; textile sector; Real effective exchange rates; Government debt management; Oil prices; Southern Africa (search for similar items in EconPapers)
Pages: 58
Date: 2006-06-14
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