Islamic Republic of Mauritania: First Review Under the Extended Credit Facility Arrangement—Press Release; Staff Report; Country Report 18/137; May 10, 2018

Author/Editor:

International Monetary Fund. Middle East and Central Asia Dept.

Publication Date:

May 31, 2018

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses Mauritania’s First Review Under the Extended Credit Facility (ECF) Arrangement. The outlook is positive, although considerable challenges remain to achieve high and inclusive growth. Vulnerabilities remain elevated and sustained reforms are needed to entrench macroeconomic stability, achieve inclusive growth that creates employment and reduces poverty, and improve the business climate and governance. Policy implementation has been satisfactory and the program is on track. All end-December 2017 performance criteria and 8 of the 10 structural benchmarks for December 2017–March 2018 were met; the remaining two were implemented with a one-month delay. The IMF staff recommends completion of the first review under the three-year ECF arrangement.

Series:

Country Report No. 18/137

Subject:

English

Publication Date:

May 30, 2018

ISBN/ISSN:

9781484358726/1934-7685

Stock No:

1MRTEA2018001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

63

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