The IMF Country Reports Series covers economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with officials of the country, is published at the option of the member.
The Poverty Reduction Strategy Paper, whose implementation has now reached the second year, has been the key instrument in Mauritania's economic, social, and institutional development policy. The pursuit of policies to accelerate growth, maintain macroeconomic stability, and enhance the competitiveness of the economy have thus made it possible to attain an economic growth rate of about 3.3 percent notwithstanding an unfavorable international economic climate. Annual inflation has been contained at 4 percent.