{
  "title": "Mauritius: Staff Report for the 2014 Article IV Consultation",
  "publication": "IMF Staff Country Reports, May 5, 2014",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/mauritius-staff-report-for-the-2014-article-iv-consultation-41521",
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  "summary": "This 2014 Article IV Consultation highlights that with subdued international prices, inflationary pressures in Mauritius declined in 2013, despite the public sector wage increases. The unemployment rate was unchanged compared with 2012 at 8 percent. Credit to private sector growth remained robust.",
  "publishDate": "2014-05-05",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Key findings and summary",
      "content": "- With subdued international prices, inflationary pressures in Mauritius declined in 2013, despite public sector wage increases.\n- The unemployment rate was unchanged compared with 2012 at 8 percent.\n- Credit to private sector growth remained robust in 2013.\n- On the external front, the current account deficit widened to almost 10 percent of GDP in 2013.\n- The reserve cover of imports of goods and services stayed constant at 4½ months with the Bank of Mauritius accumulating additional net international reserves.\n- The structural primary deficit was broadly unchanged relative to 2011."
    },
    {
      "heading": "Macroeconomic indicators (as reported)",
      "content": "- Unemployment rate: 8 percent (unchanged from 2012)\n- Current account deficit: almost 10 percent of GDP (2013)\n- Reserve cover of imports of goods and services: 4½ months\n- Structural primary deficit: broadly unchanged relative to 2011\n- Inflationary pressures: declined in 2013 (despite public sector wage increases)\n- Credit to private sector: growth remained robust"
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Banking, External debt, Fiscal consolidation, Fiscal policy, Fiscal stance, Public debt\n- Keywords: A. fiscal consolidation, Africa, authority, CR, debt ratio, deficit, Europe, exchange rate, Fiscal consolidation, Fiscal stance, Global, inflation expectation, ISCR, Mauritian economy, Mauritius, near-term growth outlook, nominal exchange rate, policy discussion, Sub-Saharan Africa, year-on-year inflation\n\nInternational Monetary Fund. Mauritius: Staff Report for the 2014 Article IV Consultation (Country Report No. 2014/107).\n\n---\n\n Content in this bundle\n\n- Cr14107\n  - Cr14107 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/mauritius-staff-report-for-the-2014-article-iv-consultation-41521"
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    "Published: May 5, 2014",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484367582.002",
    "With subdued international prices, inflationary pressures in Mauritius declined in 2013, despite public sector wage increases.",
    "The unemployment rate was unchanged compared with 2012 at 8 percent.",
    "Credit to private sector growth remained robust in 2013.",
    "On the external front, the current account deficit widened to almost 10 percent of GDP in 2013.",
    "The reserve cover of imports of goods and services stayed constant at 4½ months with the Bank of Mauritius accumulating additional net international reserves.",
    "The structural primary deficit was broadly unchanged relative to 2011.",
    "Unemployment rate: 8 percent (unchanged from 2012)",
    "Current account deficit: almost 10 percent of GDP (2013)",
    "Reserve cover of imports of goods and services: 4½ months",
    "Structural primary deficit: broadly unchanged relative to 2011",
    "Inflationary pressures: declined in 2013 (despite public sector wage increases)",
    "Credit to private sector: growth remained robust",
    "Subject: Banking, External debt, Fiscal consolidation, Fiscal policy, Fiscal stance, Public debt",
    "Keywords: A. fiscal consolidation, Africa, authority, CR, debt ratio, deficit, Europe, exchange rate, Fiscal consolidation, Fiscal stance, Global, inflation expectation, ISCR, Mauritian economy, Mauritius, near-term growth outlook, nominal exchange rate, policy discussion, Sub-Saharan Africa, year-on-year inflation",
    "**Cr14107**"
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