Mauritius: Staff Report for the 2002 Article IV Consultation
IMF Staff Country Reports, July 15, 2002
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- Mauritius: Staff Report for the 2002 Article IV Consultation
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Bibliographic details
- Published: July 15, 2002
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451827767.002
Overview
- The Mauritian economy "has weathered the global economic slowdown relatively well."
- The assessment is drawn from the 2002 Article IV Consultation report.
Growth and output
- Economic output is expected to expand by about 5.3 percent in 2001/02 (July–June).
- This growth is characterized as "only slightly below its trend rate of growth of the past 20 years."
Tourism
- Tourism "weakened somewhat in the second quarter of 2001 but picked up in the second half."
- The recovery in tourism is partly attributed to "Mauritius’ reputation as a safe destination."
Labor market and unemployment
- "Notwithstanding the relatively robust economic growth over the past decade, unemployment has risen steadily."
- Unemployment is projected to reach about 9 percent in 2001/02.
Source: Mauritius: Staff Report for the 2002 Article IV Consultation (July 15, 2002).