Mauritius: 2025 Article IV Consultation-Press Release; and Staff Report
IMF Staff Country Reports, June 18, 2025
Source details
- Canonical URL
- Mauritius: 2025 Article IV Consultation-Press Release; and Staff Report
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Bibliographic details
- Published: June 18, 2025
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229014823.002
Macroeconomic performance and outlook
- Growth at 4.7 percent in 2024.
- Inflation described as contained.
- Growth outlook remains favorable, though risks are to the downside.
Fiscal assessment and recommendations
- Need to recalibrate the macroeconomic policy mix to rebuild fiscal space.
- Fiscal policy should pursue frontloaded growth-friendly consolidation to:
- shore up fiscal credibility,
- help rebuild fiscal space,
- protect the most vulnerable.
External sector assessment and reforms
- Mauritius’ external position at end-2024 is assessed as weaker than the level implied by fundamentals and desirable policies.
- Structural reforms are needed to foster external competitiveness and reduce external imbalances.
Monetary and financial stability
- The monetary policy framework needs to be strengthened.
- Continued monitoring of macro-financial risks is essential to maintain financial stability.
Structural and social priorities
- Strengthen workers’ skills through better education.
- Narrow gender gaps.
- Advance climate adaptation efforts to support economic resilience.
Content in this bundle
- 1musea2025001-print-pdf