Mauritius: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Mauritius

March 22, 2016

Preview Citation

Format: Chicago

Mauritius: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Mauritius, (USA: International Monetary Fund, 2016) accessed December 26, 2024

Summary

This paper discusses key issues related to the economy of Mauritius. In 2015, the economy of Mauritius has grown at moderate rate; inflation is low; and the external position has improved. However, macroeconomic conditions remain stable but the authorities face macrofinancial challenges stemming from the recent collapse of a large financial conglomerate, which affected the real economy, as well as risk exposures and potential spillovers from the massive offshore sector and its sizeable inter-linkages with domestic banking activities. Despite these challenges, the medium-term outlook remains favorable, as economic growth is set to be boosted by continued low fuel prices and the start of important investment programs.

Subject: Balance of payments statistics, Bank deposits, Banking, Domestic credit, Economic and financial statistics, Financial institutions, Financial regulation and supervision, Loans, Money, Public debt

Keywords: Africa, Balance of payments statistics, CR, Deficit, Domestic credit, Economy status, Exchange rate, Foreign currency, Global, ISCR, Loans, Long-term debt, Mauritian economy, Monetary policy transmission mechanism, Reform effort, Reform strategy, Sub-Saharan Africa, Transmission mechanism

Publication Details

Pages:

85
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2016/089
Stock No:

1MUSEA2016001
ISBN:

9781475522662
ISSN:

1934-7685

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