Mauritius: Staff Report for the 2014 Article IV Consultation

May 5, 2014

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Format: Chicago

Mauritius: Staff Report for the 2014 Article IV Consultation, (USA: International Monetary Fund, 2014) accessed November 21, 2024

Summary

This 2014 Article IV Consultation highlights that with subdued international prices, inflationary pressures in Mauritius declined in 2013, despite the public sector wage increases. The unemployment rate was unchanged compared with 2012 at 8 percent. Credit to private sector growth remained robust. On the external front, the current account deficit widened to almost 10 percent of GDP in 2013. The reserve cover of imports of goods and services stayed constant at 4½ months with the Bank of Mauritius accumulating additional net international reserves. The structural primary deficit was broadly unchanged relative to 2011.

Subject: Banking, External debt, Fiscal consolidation, Fiscal policy, Fiscal stance, Public debt

Keywords: A. fiscal consolidation, Africa, Authority, CR, Debt ratio, Deficit, Europe, Exchange rate, Fiscal consolidation, Fiscal stance, Global, Inflation expectation, ISCR, Mauritian economy, Mauritius, Near-term growth outlook, Nominal exchange rate, Policy discussion, Sub-Saharan Africa, Year-on-year inflation

Publication Details

Pages:

85
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/107
Stock No:

1MUSEA2014001
ISBN:

9781484367582
ISSN:

1934-7685

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