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Middle East and Central Asia > Mauritania, Islamic Republic of

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Cover IMF Staff Country Reports
Mauritania: First Review under the Three-Year Arrangement Under the Extended Credit Facility-Staff Report and Press Release
International Monetary Fund
Program implementation is satisfactory and economic activity is recovering in Mauritania. The budget preserves fiscal discipline and protects infrastructures and social spending. Greater flexibility in the exchange rate and an enhanced monetary policy framework will help build reserves. The structural program continues to focus on improving the business climate. The commitment for continued fiscal consolidation is commended by Executive Directors. This will help strengthen the country’s resilience to external shocks, improve the country’s prospects for mobilizing external support, sustain economic growth, create jobs, and reduce poverty.
Keywords:
ISCR; CR; consumer price inflation; Mauritania's economy; SDR; GDP; private sector investment; GDP deflator; oil GDP; Credit; Inflation; Global
Cover IMF Staff Country Reports
Mauritanie: Première revue au titre de l’accord triennal appuyé par la facilité élargie de crédit-Rapport des services du FMI et communiqué de presse
International Monetary Fund
Depuis plusieurs années, le FMI publie un nombre croissant de rapports et autres documents couvrant l'évolution et les tendances économiques et financières dans les pays membres. Chaque rapport, rédigé par une équipe des services du FMI à la suite d'entretiens avec des représentants des autorités, est publié avec l'accord du pays concerné.
Keywords:
ISCR; CR; consumer price inflation; Mauritania's economy; SDR; GDP
Cover Policy Papers
Safeguards Assessments - Review of Experience
International Monetary Fund
This paper presents the Fund’s net income outcome for FY 2010. The actual outcomes in this paper follow the closing of the Fund’s accounts for the financial year and completion of the FY 2010 external audit conducted by Deloitte & Touche, the Fund’s external auditor. The paper also provides an update on the restructuring costs incurred during FY 2010.
Keywords:
PP; central bank; government; Board oversight; final accounts; central bank official; financing of the cotton sector; guidance note; State treasury; audit institution; audit quality; government transaction; government balance; audit quality issue; central bank authorities; External audit; Auditing; Internal audit; Budget planning and preparation; Fiscal accounting and reporting; Global
Cover IMF Staff Country Reports
République islamique de Mauritanie: Consultations de 2009 au titre de l’article IV et demande d'accord triennal au titre de la facilité élargie de crédit : rapport des services du FMI ; note d’information au public et communiqué de presse sur les débats du conseil d’administration ; et déclaration de l'administrateur pour la République islamique de Mauritanie.
International Monetary Fund
Depuis plusieurs années, le FMI publie un nombre croissant de rapports et autres documents couvrant l'évolution et les tendances économiques et financières dans les pays membres. Chaque rapport, rédigé par une équipe des services du FMI à la suite d'entretiens avec des représentants des autorités, est publié avec l'accord du pays concerné.
Keywords:
ISCR; CR; government; deficit; US$; procurement code
Cover IMF Staff Country Reports
Islamic Republic of Mauritania: 2009 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility: Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Islamic Republic of Mauritania.
International Monetary Fund
This Article IV Consultation reports that the economic growth of Mauritania is robust, which reflected prudent economic management, sustained donor support, and the beginning of oil production. Executive Directors observed that the return of constitutional order to Mauritania has established a basis for the resumption of the reform agenda and of financial support from the international community. They commended the authorities’ commitment to protect poverty-related spending. They also highlighted the need to expand and strengthen safety nets and social protection.
Keywords:
ISCR; CR; government; deficit; US$; procurement code; inflation outlook; GDP deflator; authorities' effort; financing needs; Inflation; Monetary statistics; Global; West Africa
Cover Policy Papers
Implementation of the Joint Management Action Plan on Bank-Fund Collaboration
International Monetary Fund
In light of the multilateral effort to ensure the adequacy of the financial resources available to the International Monetary Fund (the “Fund”), and with a view to supporting the Fund’s ability to provide timely and effective balance of payments assistance to its members, the Swedish Riksbank (“Riksbank”) agrees to lend to the Fund an SDRdenominated amount up to the equivalent of EUR 2.47 billion, on the terms and conditions set out in this paper.
Keywords:
PP; bank; staff; Fund staff; Bank-Fund collaboration; JMAP; Fund management; Fund team; Fund respondent; Fund mandates overlap; a number of World Bank; Fund shareholder; Bank-Fund program; Fund financial support; area department; lead economist; Government debt management; Global financial crisis of 2008-2009; Debt sustainability analysis; Human capital; Global
Cover Policy Papers
Framework Administered Account for Selected Fund Activities—West Africa Regional Technical Assistance Center (AFRITAC West) Subaccount
International Monetary Fund
In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund activities (the “SFA Instrument”). The financing of activities under the terms of the SFA Instrument is implemented through the establishment and operation of a subaccount within the SFA. The subaccount for the West Africa Regional Technical Assistance Center (AFRITAC West) would be the fourth one under the SFA. This paper requests Executive Board approval to establish the AFRITAC West subaccount under the terms of the SFA Instrument.
Keywords:
PP; AFRITAC West; Subaccount; Occident; contributor; terms and conditions of the Subaccount; resources of the Subaccount; d. contributor; West Africa region; Anti-money laundering and combating the financing of terrorism (AML/CFT); West Africa
Cover IMF Staff Country Reports
Islamic Republic of Mauritania: 2008 Article IV Consultation and Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility-Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Islamic Republic of Mauritania
International Monetary Fund
This 2008 Article IV Consultation highlights that Mauritania’s macroeconomic performance over recent years was satisfactory, despite a steeper-than-expected decline in oil production reflecting persistent technical problems a and difficult external environment. The real non-oil GDP growth is estimated to have increased to 5.9 percent in 2007 driven by a rebound in agriculture and new mining projects. The current account deficit deteriorated, reflecting higher food prices and lower oil exports. Executive Directors have commended the authorities for Mauritania’s continued satisfactory performance under the Poverty Reduction and Growth Facility-supported program.
Keywords:
ISCR; CR; debt; authority; real GDP; NPV; price measure; concessional terms; debt burden threshold; sustainability framework; Real GDP growth; government policy; Oil; Food prices; Exchange rate flexibility; West Africa; amount equivalent to SDR; IMF arrangement; PRGF arrangement; food access crisis
Cover IMF Staff Country Reports
RÉPUBLIQUE ISLAMIQUE DE MAURITANIE: Seconde revue de l’accord triennal au titre de la Facilité pour la réduction de la pauvreté et pour la croissance et demande de dérogation à des critères de réalisation—Rapport des services; Supplément des services ; Communiqué de presse sur la discussion du Conseil d’administration et Déclaration par l’administrateur pour la République islamique de Mauritanie
International Monetary Fund
Depuis plusieurs années, le FMI publie un nombre croissant de rapports et autres documents couvrant l'évolution et les tendances économiques et financières dans les pays membres. Chaque rapport, rédigé par une équipe des services du FMI à la suite d'entretiens avec des représentants des autorités, est publié avec l'accord du pays concerné.
Keywords:
ISCR; CR; authority; balance; PRGF loan; governance
Cover IMF Staff Country Reports
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
International Monetary Fund
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.
Keywords:
ISCR; CR; authority; balance; PRGF loan; governance; BCM financing; governance measure; oil revenue management; financing gap; Oil; Fiscal stance; gas and mining taxes; Poverty reduction strategy; West Africa; Global