## Mauritius: 2007 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; Statement by the Staff Representatives; and Statement by the Executive Director for Mauritius

_IMF Staff Country Reports, June 6, 2007_

## Source details

**Canonical URL:** [Mauritius: 2007 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; Statement by the Staff Representatives; and Statement by the Executive Director for Mauritius](https://www.imf.org/en/publications/cr/issues/2016/12/31/mauritius-2007-article-iv-consultation-staff-report-staff-statement-public-information-21037)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/mauritius-2007-article-iv-consultation-staff-report-staff-statement-public-information-21037/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/mauritius-2007-article-iv-consultation-staff-report-staff-statement-public-information-21037/index.json)
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## Bibliographic details
- Published: June 6, 2007
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451827842.002

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### Background and context
- The loss of trade preferences in textiles in 2005, the reform to the European Union’s sugar protocol for 2006–10, and higher international oil prices have brought about a permanent deterioration in Mauritius’s terms of trade.
- This 2007 Article IV Consultation highlights that the authorities have initiated broad-based reforms to address recent economic setbacks and to raise growth to levels of the previous two decades.
- Executive Directors have welcomed the authorities’ efforts to tighten monetary policy. This should help to reduce inflation and avoid entrenching inflation expectations.

### Key findings and analysis
- Permanent deterioration in terms of trade driven by:
  - Loss of trade preferences in textiles in 2005.
  - Reform to the European Union’s sugar protocol for 2006–10.
  - Higher international oil prices.
- Authorities initiated broad-based reforms aimed at:
  - Addressing recent economic setbacks.
  - Raising growth to levels of the previous two decades.
- Executive Directors’ assessment:
  - Welcomed tightening of monetary policy.
  - Anticipated outcome: reduction in inflation and avoidance of entrenching inflation expectations.

### Policy themes and subject coverage
- Subjects listed:
  - Expenditure
  - External debt
  - Financial services
  - Government debt management
  - Public debt
  - Public financial management (PFM)
  - Real interest rates
- Keywords listed:
  - authorities' intention
  - authority
  - CR
  - deficit
  - FAD TA mission
  - Government debt management
  - ISCR
  - Mauritian economy
  - Real interest rates
  - Southern Africa
  - statistics TA mission
  - treasury bill yield

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## Content in this bundle

- [Cr07192 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2007/_cr07192.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/mauritius-2007-article-iv-consultation-staff-report-staff-statement-public-information-21037_