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Adrar region, Mauritania

Adrar region, Mauritania. Photo by John Spooner

Islamic Republic of Mauritania Resident Representative Site

Resident Representative Office in Mauritania

This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Mauritania and the IMF. Additional information can be found on Islamic Republic of Mauritania and IMF country page, including official IMF reports and Executive Board documents in English that deal with Mauritania.

News — Highlights

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Interview of Mr. Tijani Najeh , IMF Resident representative for Mauritania with the Financial Times (FT) : Challenging times for a country reinventing itself

April 9, 2014 click for more

Islamic Republic of Mauritania and the IMF

Press Release: IMF Staff Concludes Visit to Mauritania

June 4, 2015

Islamic Republic of Mauritania: 2014 Article IV Consultation-Staff Report; Press Release and Statement by the Executive Director for the Islamic Republic of Mauritania

February 12, 2015
Series: Country Report No. 15/35
Notes:
Also available in French click for more

Islamic Republic of Mauritania: Selected Issues Paper

February 12, 2015
Series: Country Report No. 15/36 click for more

Press Release: IMF Executive Board Concludes 2014 Article IV Consultation with the Islamic Republic of Mauritania

February 12, 2015

Press Release: Statement on the 2014 Article IV Mission to Mauritania

October 31, 2014

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Regional Economic Outlook Update: Middle East & Central Asia

image from the publication cover

Middle East, North Africa, Afghanistan, and Pakistan: Oil, Conflicts, and Transitions

A modest recovery is expected to continue in the MENAP despite a slump in oil prices, raging regional conflicts, and lingering uncertainty of the post-Arab Spring transitions.

  • Despite a sharp decline in oil prices, growth in the oil-exporting countries is projected to remain steady at 2.4 percent in 2015, with inflation subdued. Faced with large oil revenue losses, most countries are expected to use accumulated financial buffers and available financing to cushion some of the impact on growth while gradually slowing their fiscal spending, so that they can share the now reduced oil wealth equitably with future generations and rebuild buffers for dealing with oil price volatility. Specific policy announcements would help reduce uncertainty about how medium-term fiscal consolidation plans will be carried out.
  • In the oil-importing countries, growth is expected to strengthen from 3 percent in 2014 to 4 percent in 2015, supported by a gradual recovery in the euro area, improved domestic confidence, and more accommodative fiscal and monetary policies. Lower oil prices are helping, though their impact on near-term growth has been moderated in many countries by incomplete pass-through to retail fuel prices. Consequently, the benefits are mainly in the form of improved fiscal/quasi-fiscal positions and external vulnerabilities rather than stronger growth. Solidifying recent subsidy reforms will help lock in the gains, which can help reduce fiscal and external vulnerabilities where needed and, in other countries, make space for increased growth-enhancing spending.

Although rising, economic growth rates remain too low to make a dent into high unemployment across the region, especially among the youth. Raising economic prospects in a sustainable and inclusive manner suggests the need for multifaceted structural reforms.