Mauritius: Staff Report for the 2004 Article IV Consultation

IMF Staff Country Reports, August 9, 2005

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Mauritius: Staff Report for the 2004 Article IV Consultation

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Bibliographic details

• Published: August 9, 2005
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781451827811.002

Overview

• Real GDP growth of Mauritius is expected to rebound to about 4½ percent in 2003/04.
• The recovery largely reflects:
  • the recovery of tourism and sugar production,
  • continued strong construction and transportation activity.
• The current account is projected to remain in surplus in 2003/04.
• The capital and financial account is projected to register a small deficit of 0.8 percent of GDP in 2003/04 compared with a surplus in 2002/03.

Macroeconomic projections and drivers

• Growth
  • Real GDP growth: about 4½ percent in 2003/04.
  • Key growth drivers: tourism recovery, sugar production recovery, strong construction activity, strong transportation activity.
• External sector
  • Current account: projected to remain in surplus in 2003/04, with the recovery of the tourism sector offsetting a widening in the trade deficit.
  • Capital and financial account: projected deficit of 0.8 percent of GDP in 2003/04 (compared with a surplus in 2002/03).

Fiscal and financial topics covered

• Subject areas listed in the report:
  • External debt
  • Financial services
  • Government debt management
  • Public debt
  • Public financial management (PFM)
  • Real interest rates
  • Revenue administration

Keywords and focus areas

• CR, Global, government, Government debt management, income tax reform, ISCR, Mauritian economy, Real interest rates, result inflation, tax department, tax package

Mauritius: Staff Report for the 2004 Article IV Consultation

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• Cr05281
  • Cr05281 (PDF)