An International Monetary Fund (IMF) team, led by Ms. Yinqiu Lu, visited Tarawa, Kiribati for the 2024 Article IV Consultation during February 9–21, 2024. The discussions with the authorities covered recent developments, the economic outlook, and future policy priorities. At the end of the visit, Ms. Lu issued the following statement:
The Mauritian economy rebounded strongly from the pandemic, while inflationary pressures eased in 2023, with annual inflation averaging 7.0 percent. The outlook for growth remains favorable, albeit risks are on the downside.
The Mauritian economy rebounded strongly from the pandemic, while inflationary pressures eased in 2023, with annual inflation averaging 7.0 percent. The outlook for growth remains favorable, albeit risks are on the downside.
Renewable energy and higher investments can boost growth, and support conditions toward a more inclusive economy.
