Islamic Republic of Mauritania: Sixth Review Under the Poverty Reduction and Growth Facility Arrangement and Request for Waiver of a Performance Criterion
January 22, 2003
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This paper focuses on the Islamic Republic of Mauritania’s Sixth Review Under the Poverty Reduction and Growth Facility (PRGF) and a Request for Waiver of Performance Criterion. Performance under the PRGF-supported program remained strong in 2002. All the quantitative and structural performance criteria and benchmarks were met except for the publication of the audit of the central bank accounts, which was delayed for technical reasons. The IMF staff commends the authorities for bringing to a successful conclusion the current PRGF Arrangement and for their impressive record on macroeconomic stability and structural reforms.
Subject: Banking, Budget planning and preparation, Commercial banks, Currency markets, Expenditure, Financial institutions, Financial markets, Foreign exchange, Public financial management (PFM)
Keywords: allocation mechanism, authority, broad money, Budget planning and preparation, Commercial banks, CR, Currency markets, inflation low, ISCR, PRGF arrangement, PRGF loan, PRGF-supported program, West Africa
Pages:
51
Volume:
2003
DOI:
Issue:
014
Series:
Country Report No. 2003/014
Stock No:
1MRTEA0012003
ISBN:
9781451827484
ISSN:
1934-7685
