Islamic Republic of Mauritania: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for a Waiver of Performance Criterion: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Islamic Republic of Mauritania
December 4, 2007
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The staff report for the Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility highlights the Islamic Republic of Mauritania’s economic and financial policies. The basic non-oil fiscal balance was significantly higher than projected, owing mainly to high fiscal revenues and delays in investment spending. Monetary policy remained prudent, contributing to a further decline in inflation. In view of its limited oil revenue prospects, Mauritania needs to continue mobilizing concessional support to finance its poverty reduction strategy.
Subject: Commodities, Expenditure, Fiscal policy, Fiscal stance, Oil, Oil, gas and mining taxes, Poverty, Poverty reduction strategy, Taxes
Keywords: authority, balance, BCM financing, CR, financing gap, Fiscal stance, gas and mining taxes, Global, governance, governance measure, ISCR, Oil, oil revenue management, Poverty reduction strategy, PRGF loan, West Africa
Pages:
72
Volume:
2007
DOI:
Issue:
375
Series:
Country Report No. 2007/375
Stock No:
1MRTEA2007005
ISBN:
9781451827651
ISSN:
1934-7685
Notes
Also available online in French
