Mauritius: 2013 Article IV Consultation

April 8, 2013

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Mauritius: 2013 Article IV Consultation, (USA: International Monetary Fund, 2013) accessed November 29, 2024

Summary

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.

Subject: Expenditure, External debt, Financial services, Fiscal consolidation, Fiscal policy, Public debt

Keywords: Assistance to Mauritius, CR, Discussions of article IV consultation, Europe, Exchange rate, Executive board assessment, Executive board discussion, Executive board discussions of article IV consultation, Financial asset, Fiscal policy stance, Global, IMF's effort, Increase private sector involvement, Inflation, ISCR, Lending program, Long-term debt, Madagascar-Mauritius axis, Mauritian banking system, Price movement, Private sector, Rate, Southern Africa, Sub-Saharan Africa, Tightening monetary policy stance

Publication Details

Pages:

76
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/097
Stock No:

1MUSEA2013001
ISBN:

9781484327432
ISSN:

1934-7685

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