The budget
deficit for 2016-17 is estimated at 3.3% of GDP. The IMF has argued, on several occasions, as
in its 2011 Staff Report on Mauritius, that the deficit concept used by
Government is “not comprehensive, because it excludes spending by special
earmarked funds”. In its 2014 Staff
Report, the IMF again recommended “including
all extra budgetary funds in the budget to increase fiscal transparency and
better measure the fiscal stance”.
