Islamic Republic of Mauritania: Fifth Review Under the three-Year Extended Credit Facility Arrangement, Requests for Modification of Performance Criteria and Extension of the Arrangement—Staff Report and Press Release

Publication Date:

December 4, 2012

Electronic Access:

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Summary:

Mauritania successfully weathered several exogenous shocks during 2011–12. Political upheaval in neighboring countries has not had detrimental economic effects so far, but political uncertainty remains high. Resilient growth and a continued buildup of external and fiscal buffers characterize better-than-expected macroeconomic developments. Ambitious structural reforms are vital for generating broad-based inclusive growth, promoting employment, and reducing poverty. The authorities will continue to improve transparency and economic statistics. Policy actions laid the foundation for a sound macroeconomic performance, although important challenges and vulnerabilities remain.

Series:

Country Report No. 2012/323

Subject:

English

Publication Date:

December 4, 2012

ISBN/ISSN:

9781475592023/1934-7685

Stock No:

1MRTEA2012003

Pages:

62

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