An International Monetary Fund mission led by Amadou Sy, advisor for the development of the African continent, visited Mauritius from 21st July to 31st August 2017. This visit took place on the context of regular consultative meetings held with the IMF’s member countries, as per Article IV of the organisation’s Constitution.

The mission has released its preliminary findings, which will serve as basis for a subsequent report to the IMF’s Executive Board for final discussion and decision. The findings identified challenges facing Mauritius and which will require specific measures. Recommendations were made for the country to strengthen the credibility of its fiscal system and to reinforce its monetary policy.

The mission highlighted the need for the country’s financial services sector to be resilient with regards to changes taking place following new rules issued by the OECD and the European Union on fiscal matters.

Mr Sy also stated that “The Mauritian economy continues to be robust and staff project economic activity for 2017 to remain in line with recent trends".