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

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

March 22, 2016

Electronic Access:

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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.

Series:

Country Report No. 16/89

Subject:

English

Publication Date:

March 22, 2016

ISBN/ISSN:

9781475522662/1934-7685

Stock No:

1MUSEA2016001

Format:

Paper

Pages:

85

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