Islamic Republic of Mauritania: Second Review Under the Three-Year Extended Credit Facility Arrangement: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Mauritania.
July 19, 2011
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In this study, despite recovery in the aftermath of the global crisis, the following challenges faced by Mauritania are discussed: vulnerability to external shocks, an insufficiently diversified economy, weak business climate, lack of fiscal space, and high unemployment and poverty rates. The poverty reduction strategy paper (PRSP) provides a good framework. Monetary, exchange rate, and financial sector policies are explained. Debt management and the improvement of the quality of public services by fiscal reforms and private sector by the implementation of the investment code are discussed.
Subject: Commodity prices, Credit, Expenditure, External debt, Fiscal policy, Fiscal stance, Money, Prices
Keywords: Commodity prices, CR, Credit, debt, debt-GDP threshold, executive board discussion, Extended Credit Facility arrangement, finalized poverty-reduction strategy paper, Fiscal stance, GDP, Global, IDA debt sustainability analysis update, ISCR
Pages:
82
Volume:
2011
DOI:
Issue:
189
Series:
Country Report No. 2011/189
Stock No:
1MRTEA2011001
ISBN:
9781462325412
ISSN:
1934-7685
