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

Publication Date: December 23, 2011
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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(s): Debt management | Economic indicators | Economic recovery | Extended Credit Facility | Fiscal reforms | Flexible exchange rate policy | Staff Reports | Unemployment

Notes Also available in French
Publication Date: December 23, 2011
ISBN/ISSN: 9781463929848/1934-7685 Format: Paper
Stock No: 1MRTEA2011005 Pages: 58
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