Mauritius: 2009 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Mauritius

February 12, 2010

Preview Citation

Format: Chicago

Mauritius: 2009 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, 2010) accessed December 21, 2024

Summary

Mauritius’ 2009 Article IV Consultation discusses economic developments and policies. Output growth has been slowed from 4.2 percent per year in 2008 to less than 2 percent in 2009, as key drivers of growth have been contracted. Mauritius’ growth prospects depend heavily on the global economy, especially the EU. Inflation has fallen to the low single digits as a result of lower global food and commodity prices and the slowdown of the domestic economy. The current account deficit has narrowed as lower imports have more than offset the contraction of external demand.

Subject: Banking, External debt, Foreign exchange, Government debt management, Monetary base, Money, Public debt, Public financial management (PFM)

Keywords: Broad money, Consultation, Consultation informational annex, CR, Economy, Economy well, Financing risk, GDP, Global, Government debt management, Infrastructure investment, ISCR, Mauritian economy, Monetary base

Publication Details

Pages:

52
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/037
Stock No:

1MUSEA2010001
ISBN:

9781451827897
ISSN:

1934-7685

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