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

June 14, 2006

Preview Citation

Format: Chicago

Mauritius: 2005 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Mauritius, (USA: International Monetary Fund, 2006) accessed December 21, 2024

Summary

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.

Subject: External debt, Foreign exchange, Government debt management, Oil prices, Prices, Public debt, Public financial management (PFM), Real effective exchange rates

Keywords: Appreciation to the staff, Bottom, CR, Government, Government debt management, Inflation-targeting regime, ISCR, Mauritian authorities' appreciation, Oil prices, Price, Price development, Product, Real effective exchange rates, Southern Africa, Textile sector

Publication Details

Pages:

58
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/209
Stock No:

1MUSEA2006001
ISBN:

9781451827828
ISSN:

1934-7685

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