Government of Mauritius Baa3 stable: Regular update

Government of Mauritius Baa3 stable: Regular update - Credit Opinion – 2023/07/25 – US$ 250.00 – ...Mauritius' credit profile reflects its relatively high debt burden, and its small size and exposure to shocks, set against a business-friendly investment environment, which has historically supported relatively high and stable growth rates. Robust governance and institutions help attenuate Mauritius' exposure to environmental risks....

Government of Mauritius - Baa3 stable: Annual credit analysis - Issuer In-Depth – 2023/05/26 – US$ 750.00 – ...The credit profile of Mauritius reflects its dynamic and reasonably diversified economy, which, along with a stable and investment-friendly business environment, has historically supported stable growth rates. The government has a track record of sound economic policy, and has demonstrated a high degree of adaptability to changes in the external environment, which supported economic growth and diversification, and higher per capita income. Robust institutions and governance help attenuate Mauritius' exposure to environmental risks. Mauritius' main credit constraints stem from a relatively high government debt burden and high dependence on tourism. Notwithstanding the government's efforts to the diversify the economy, including the development of an offshore financial sector, its small size and high openness to trade make it vulnerable to external shocks. The stable outlook incorporates our view that the headline fiscal and debt metrics will further improve, with the debt burden falling...

Government of Mauritius Baa3 stable: Regular update - Credit Opinion – 2023/01/30 – US$ 250.00 – ...Mauritius' credit profile reflects its relatively high debt burden, and its small size and exposure to shocks, set against a business-friendly investment environment, which has historically supported relatively high and stable growth rates. Robust governance and institutions help attenuate Mauritius' exposure to environmental risks....

Government of Mauritius Baa3 stable: Update following methodology update - Credit Opinion – 2022/12/06 – US$ 250.00 – ...[1] Fiscal years ending June 30, e.g. 2019 refers to fiscal year 2018/19 [2] Current Account Receipts [3] Excludes re-exports [4] (Short-Term External Debt + Currently Maturing Long-Term External Debt + Total Nonresident Deposits Over One Year)/Official Foreign Exchange Reserves [5] Series break in 2009 Source: Moody's Investors Service...

Government of Mauritius: FAQ on policy effectiveness, public finances and growth - Issuer In-Depth – 2022/09/23 – US$ 750.00 – ...Mauritius (Baa3 stable) was one of the most severely affected sovereigns by the consequences of the coronavirus pandemic, when the closure of international borders hit the country's tourism sector. Very large fiscal stimulus and other policy measures prevented contagion to the financial sector, but Mauritius's credit profile has weakened over the past two years. In this report, we explore the factors that have affected the sovereign's creditworthiness. + What are the main factors affecting institutions and governance strength in Mauritius? The quality and effectiveness of institutions and policymaking in Mauritius have been weakening, in turn hampering the country's economic resiliency and capacity to absorb future economic shocks. In particular, a reliance on unconventional, one- off measures, such as central bank financing of the deficit and asset sales, have made uncertain the anticipated recovery in fiscal strength and ability to reverse the pandemic- driven deterioration in economic...