Mauritania: Recent Economic Developments
March 14, 1995
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This paper describes economic developments in Mauritania during the 1990s. Significant progress has been achieved in Mauritania since 1992. Economic growth has held up and the rate of inflation has been contained to below 5 percent. The lingering domestic banking crisis was confronted through a comprehensive bank reform. Firm control has been exercised over fiscal and monetary policies, and remedial measures were introduced to cope with unforeseen fiscal outlays for bank restructuring and to counter the impact of a more adverse export environment.
Subject: Agricultural commodities, Agroindustries, Banking, Commercial banks, Commodities, Economic sectors, Exports, Financial institutions, Imports, International trade, Public enterprises
Keywords: Agricultural commodities, Agroindustries, balance of payments, banking system, broad money, Commercial banks, CR, earnings, enterprise, exchange rate, Exports, GDP, Imports, ISCR, marketing company SMCP, Middle East, net capital, public enterprise, public utility companies OPT, rate of inflation
Pages:
106
Volume:
1995
DOI:
Issue:
020
Series:
Country Report No. 1995/020
Stock No:
1MRTEA0011995
ISBN:
9781451827422
ISSN:
1934-7685
Notes
This report on recent economic developments in Mauritania was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.
