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

Author: International Monetary Fund

Volume/Issue: Volume 2006 Issue 209

Publication date: June 2006

ISBN: 9781451827828

$20.00

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Economics- Macroeconomics , Public Finance , ISCR , CR , bottom , government , inflation-targeting regime , product , price , appreciation to the staff , price development , Mauritian authorities' appreciation , textile sector , Real effective exchange rates , Government debt management , Oil prices , Southern Africa

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Peru

Grenada

Nepal

Republic of Congo : 2001 Article IV

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.