Mauritius: 2013 Article IV Consultation

International Monetary Fund

No 2013/097, IMF Staff Country Reports from International Monetary Fund

Abstract: The article reviews Mauritius’ developments and its macroeconomic policies for the imminent years. Growth has been flexible in these years but the postglobal crisis period did not show any remarkable developments. The country was heavily dependent on European exports and vulnerable to external shocks. To undergo debt and external sustainability in 2014–15, the authorities are reframing fiscal and monetary policies, restructuring physical infrastructure policies, and pension and labor reforms. The control of excess of liquidity and improvement in national savings will pave the way to reduce inflation pressures and external imbalances.

Keywords: ISCR; CR; rate; inflation; exchange rate; private sector; fiscal policy stance; lending program; long-term debt; tightening monetary policy stance; IMF's effort; financial asset; executive board discussions of article IV consultation; executive board assessment; increase private sector involvement; Madagascar-Mauritius axis; discussions of article IV consultation; executive board discussion; price movement; assistance to Mauritius; Mauritian banking system; Global; Europe; Southern Africa; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 76
Date: 2013-04-08
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Citations: View citations in EconPapers (2)

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