## Mauritius: Staff Report for the 2014 Article IV Consultation

_IMF Staff Country Reports, May 5, 2014_

## Source details

**Canonical URL:** [Mauritius: Staff Report for the 2014 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/31/mauritius-staff-report-for-the-2014-article-iv-consultation-41521)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/mauritius-staff-report-for-the-2014-article-iv-consultation-41521/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/mauritius-staff-report-for-the-2014-article-iv-consultation-41521/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/mauritius-staff-report-for-the-2014-article-iv-consultation-41521/bundle-manifest.json)

## Bibliographic details
- Published: May 5, 2014
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484367582.002

---

### Key findings and summary
- 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.

### Macroeconomic indicators (as reported)
- 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

### Subjects and keywords
- 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

*International Monetary Fund. Mauritius: Staff Report for the 2014 Article IV Consultation (Country Report No. 2014/107).*

---

## Content in this bundle

- **Cr14107**
  - [Cr14107 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2014/_cr14107.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/mauritius-staff-report-for-the-2014-article-iv-consultation-41521_