Islamic Republic of Mauritania : Third Review Under the Three-Year Extended Credit Facility Arrangement: Staff Report; Press Release on the Executive Board Discussion.

Author/Editor:

International Monetary Fund

Publication Date:

December 23, 2011

Electronic Access:

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Summary:

The Islamic Republic of Mauritania’s macroeconomic developments have remained broadly positive, despite high international fuel and food prices and the near-term drought impact. Supported by a rapid growth in manufacturing industries, non-oil output is expected to grow by 4.8 percent in 2011 despite the drought-related downturn in agricultural production. A low price pass-through and a prudent monetary policy helped contain inflation. Booming mining exports helped narrow the current account deficit and boost foreign exchange reserves to unprecedented levels.

Series:

Country Report No. 11/362

Subject:

Notes:

Also available in French

English

Publication Date:

December 23, 2011

ISBN/ISSN:

9781463929848/1934-7685

Stock No:

1MRTEA2011005

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

58

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