Mauritius: 2012 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Mauritius

March 23, 2012

Preview Citation

Format: Chicago

Mauritius: 2012 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, 2012) accessed November 21, 2024

Summary

The 2012 Article IV Consultation on Mauritius reports that the outlook for growth and inflation is broadly positive, although growth is likely to slow somewhat to below 4 percent. The cyclical component of Mauritius’ fiscal balance is projected to be small. A less expansionary fiscal stance than currently projected by IMF staff would contribute to building policy buffers and reducing relatively high debt levels. In the event of a deterioration in the external environment, automatic stabilizers should be allowed to work, and limited fiscal stimulus could also be considered.

Subject: Commercial banks, External debt, Financial institutions, Fiscal consolidation, Fiscal policy, Fiscal stimulus, Public debt

Keywords: Africa, Authorities' effort, Authority, Commercial banks, CR, Credit growth, Debt ratio, Deficit, Fiscal consolidation, Fiscal stimulus, Global, Government transfer, ISCR, Mauritian economy, Water strategy

Publication Details

Pages:

76
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/062
Stock No:

1MUSEA2012001
ISBN:

9781475502541
ISSN:

1934-7685

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