Mauritius: Staff Report for the 2003 Article IV Consultation
IMF Staff Country Reports, October 14, 2003
Source details
- Canonical URL
- Mauritius: Staff Report for the 2003 Article IV Consultation
Other formats
Bibliographic details
- Published: October 14, 2003
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451827743.002
Summary of economic performance
- The Mauritian economy showed strong performance owing to its sound macroeconomic policies.
- Commendation for efforts to support developments in:
- financial services
- free port activities
- information and communications technology
Executive Directors' assessment and concerns
- Emphasized the need to remain competitive.
- Stressed the need to address the growing unemployment problem.
- Appreciated the tightening of monetary policy.
- Stressed the need to strengthen the financial position and ensure fiscal sustainability.
- Welcomed the assessment of the effectiveness and efficiency of the IMF, which provided technical assistance to Mauritius.
Policy recommendations and priorities
- Maintain competitiveness to support continued strong performance.
- Address growing unemployment through targeted labor and economic policies.
- Strengthen fiscal sustainability and the financial position of the public sector.
- Continue prudent monetary policy implementation consistent with stability objectives.
- Support continued development of financial services, free port activities, and information and communications technology.
Subject areas and keywords
- Subject: Agricultural commodities, Commodities, Imports, International trade, Labor, Public debt, Tariffs, Taxes
- Keywords: Agricultural commodities, bill, CR, deficit, draft Long Term insurance bill, draft Securities Bill, Global, Imports, investment scheme Bill, ISCR, short term insurance bill, staff appraisal, Tariffs