Mauritius: 2008 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Mauritius

International Monetary Fund

No 2008/238, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2008 Article IV Consultation highlights that economic growth in Mauritius is responding to structural reform efforts. Tax reform, together with improvements in the business environment and investment initiatives, has spurred foreign investment to unprecedented levels and accelerated growth. The external current account deficit has eased but remains high on investment-driven import growth. The exchange rate appreciated 17 percent in real effective terms in the 12 months ending February 2008 from an overly depreciated level in 2005–06. Mauritius’s medium-term outlook has turned more favorable with the effects of the reform effort.

Keywords: ISCR; CR; wage bill; demand pressure; bill; demand staff; higher-than-expected wage bill; staff appraisal; import tariff; monetary policy committee; Imports; Africa; Global; East Asia; South Asia (search for similar items in EconPapers)
Pages: 60
Date: 2008-07-21
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=22189 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2008/238

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().