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The Bank of Mauritius Act 2004 empowers the Bank to collect, compile and disseminate statistics. Section 5(1)(d) of the Bank of Mauritius Act 2004 states that the Bank “shall collect, compile, disseminate, on a timely basis, monetary and related financial statistics” with a view to achieve its objectives. The Bank of Mauritius has been compiling monetary statistics based on the Depository Corporation Survey framework as laid down in the IMF’s Monetary and Financial Statistics Manual 2000 and the Monetary and Financial Statistics Compilation Guide 2008 since June 2003.
According to section 51A(1) of the Bank of Mauritius Act 2004, the Bank of Mauritius “shall be responsible for the preparation of the balance of payments accounts and the external assets and liabilities position of Mauritius”. The balance of payments records all transactions between residents of a country and nonresidents. The balance of payments statistics are compiled in line with the IMF’s Balance of Payments Manual (Fifth Edition). The Bank also compiles an International Investment Position statement, which provides detailed information on the stock of residents’ claims on nonresidents and nonresidents’ claims on residents.
Mauritius adhered to the IMF’s Special Data Dissemination Standard (SDDS) on 28 February 2012. The SDDS comprises a set of data dissemination standards that participating member countries have to strictly adhere to. The standards include prescribed data coverage, periodicity, timeliness, integrity and quality dimensions.