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Middle East and Central Asia > Mauritania, Islamic Republic of

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Cover IMF Staff Country Reports
Nigeria: Selected Issues
International Monetary Fund. African Dept.
This Selected Issues paper presents stylized facts about food insecurity in Nigeria, investigates its drivers in a cross-country setting, and assesses the role of policies. The paper describes regional aspects of Nigeria’s food insecurity and compares the impact of coronavirus disease 2019 and the war in Ukraine on food security in Nigeria and other countries. It also provides an overview of agricultural production and consumption in Nigeria. The paper investigates the drivers of food security using an empirical cross-country framework including demand, supply, and price factors, and offers thoughts on policies to improve agricultural yields and production. The important role of inputs is evident in the policy experience of comparator countries. Nigeria has achieved a substantial increase in agricultural production associated with its policies but some have been less successful. Import dependency for key staples has not fallen and the cost of these agricultural products remains driven by international prices. Further, central bank credit to the agricultural sector has not succeeded in increasing production beyond the stimulus of high rainfall and high food prices.
Keywords:
EIU FOOD INSECURITY index; World wheat price inflation; tax revenue mobilization; food supply; fuel subsidy reform; food price inflation; Mobile banking; Financial inclusion; Food security; Excises; Global; Sub-Saharan Africa
Cover IMF Working Papers
Designing Fiscal Redistribution: The Role of Universal and Targeted Transfers
Mr. David Coady
and
Nghia-Piotr Le
There is a growing debate on the relative merits of universal and targeted social assistance transfers in achieving income redistribution objectives. While the benefits of targeting are clear, i.e., a larger poverty impact for a given transfer budget or lower fiscal cost for a given poverty impact, in practice targeting also comes with various costs, including incentive, administrative, social and political costs. The appropriate balance between targeted and universal transfers will therefore depend on how countries decide to trade-off these costs and benefits as well as on the potential for redistribution through taxes. This paper discusses the trade-offs that arise in different country contexts and the potential for strengthening fiscal redistribution in advanced and developing countries, including through expanding transfer coverage and progressive tax financing.
Keywords:
WP; income; cost; earned income; taxation framework; consumption taxation; transfer program; income tax schedule; efficiency cost; poverty impact; redistribution objective; means testing; income share; public spending; income redistribution objective; progressive tax; poverty line; Personal income; Income tax systems; Fiscal redistribution; Income inequality; Middle East; North Africa; Sub-Saharan Africa; Global; East Africa; transfers; taxes; targeted; universal; income transfer
Cover IMF Staff Country Reports
Islamic Republic of Mauritania: Economic Development Documents
International Monetary Fund. Middle East and Central Asia Dept.
This Economic Development Document summarizes Mauritania’s Strategy for Accelerated Growth and Shared Prosperity (SCAPP) for 2016–30. The first five-year phase of the SCAPP will complete projects underway and lay the foundation for a new, politically more peaceful Mauritania, with infrastructure to support growth and encourage development of the country’s natural resources. Steps will be taken to complete the reforms needed to improve the business climate and promote the private sector. In the second five-year period, the economy will be more diversified and competitive, with the real rate of growth averaging about 10 percent a year. The third five-year phase will consolidate Mauritania’s “new look,” and economic growth will exceed 12 percent a year.
Keywords:
ISCR; CR; border
Cover IMF Staff Country Reports
Islamic Republic of Mauritania: Economic Development Documents
International Monetary Fund. Middle East and Central Asia Dept.
This Economic Development Document summarizes Mauritania’s Strategy for Accelerated Growth and Shared Prosperity (SCAPP) for 2016–30. The first five-year phase of the SCAPP will complete projects under way and lay the foundations for a new, politically more peaceful Mauritania, with infrastructure put in place to support growth and encourage development of the country's natural resources. Steps will be taken to complete the reforms needed to improve the business climate and promote the private sector. In the second five-year period, the economy will be more diversified and competitive, with the real rate of growth averaging at about 10 percent a year. The third five-year phase will consolidate Mauritania's “new look” and the economic growth will exceed 12 percent a year.
Keywords:
ISCR; CR; border; private sector development strategy; public finance; Islamic Republic of Mauritania honor; natural resources; poverty rate; shared prosperity; Inclusive growth; Public investment and public-private partnerships (PPP); Human capital; Business environment; Global
Cover IMF Staff Country Reports
Islamic Republic of Mauritania: Poverty Reduction Strategy Paper
International Monetary Fund. Middle East and Central Asia Dept.
This paper examines the Islamic Republic of Mauritania’s adoption of its third Poverty Reduction Strategy Paper (PRSP) action plan, covering the medium term (2011–2015). Poverty reduction as the ultimate objective of all of the country’s economic social and institutional development policies has informed the context in which the third action plan is being implemented. The safe drinking water supply rate reached 52 percent nationally. In urban areas, the rate of access to private water main connections was 35 percent although it varied significantly from town to town. During the first year of implementation of the PRSP III, significant progress was made with actions targeting good governance and capacity-building in all areas of governance.
Keywords:
ISCR; CR; civil society; human resources; private sector; job creation; economic value; public works; justice system; Food security; Poverty reduction strategy; Global
Cover IMF Staff Country Reports
Mauritanie: Questions choisies
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; Mauritania; bank
Cover IMF Staff Country Reports
Islamic Republic of Mauritania: Selected Issues Paper
International Monetary Fund
Despite a relatively high GDP growth rate over the past decade (2000–10), economic growth in Mauritania has not been able to make a significant dent in poverty. Rapid and sustained poverty reduction requires inclusive growth that allows people to contribute to and benefit from expanding economic activity. Mauritania needs to make greater progress toward inclusive growth by enhancing the distributional impact of public spending and by improving the quality of pro-poor spending. The Executive Board recommends effective monetary policies to meet the challenges.
Keywords:
ISCR; CR; Mauritania; bank; poverty incidence; bank lending channel; poverty perception; public spending; subsidy reform; funding constraint; Inclusive growth; Credit; Bank credit; Exports; Europe; Global; Sub-Saharan Africa; Middle East; North Africa; East Africa
Cover IMF Staff Country Reports
Islamic Republic of Mauritania: Ex Post Assessment of Longer-Term Program Engagement
International Monetary Fund
In this study, the ex post assessment (EPA) of longer program engagement with Mauritania is discussed. From this program, macroeconomic stability has been achieved. EPAs are intended to provide an opportunity to step back from continuing program relations to consider an analysis of the economic problems facing the country, review progress under IMF-supported programs, and draw forward-looking lessons for future IMF engagement. The newly designed poverty reduction strategy and ECF-supported program addresses the challenges identified by the EPA.
Keywords:
ISCR; CR; Fund; executive board assessment; Ex-Post Assessment; assessment; finalized poverty-reduction strategy paper; executive board discussion; discussions of article IV consultation; structural adjustment; business environment; Poverty reduction; Poverty reduction strategy; Sub-Saharan Africa
Cover IMF Staff Country Reports
Mauritania: Joint Staff Advisory Note of the Poverty Reduction Strategy Paper
International Monetary Fund
Mauritania’s third poverty reduction strategy paper provides a framework for an ambitious growth and poverty reduction agenda. The updated development perspective and principal objectives reflect the new economic and political realities to sustainably reduce poverty. Successful program implementation hinges on the government’s ownership and commitment. It will only succeed if the institutional framework remains stable, and the civil society is engaged on a permanent basis. Ensuring a broad social consensus for the strategy will make it easier to mobilize donor resources, thus easing financing constraints.
Keywords:
ISCR; CR; PRSP-3; government; private sector; updated development perspective; poverty reduction agenda; growth projection; adoption of a strategy; candid acknowledgment; authorities' effort; government's adoption; Poverty reduction; Poverty reduction strategy; Agricultural sector; Global
Cover IMF Staff Country Reports
Islamic Republic of Mauritania: Poverty Reduction Strategy Paper
International Monetary Fund
Mauritania’s poverty reduction strategy paper is based on a broadly participatory process and serves as the policy framework for the country’s economic and social policies. The focus is to accelerate economic growth and stabilize the macroeconomic framework, which benefits the poor, ensure the development of human resources and expansion of basic services, and improve governance and build capacity. In the revision the focus is to strengthen leadership, monitoring, evaluation, and coordination. Mauritania has to take up major challenges to achieve the objectives established at the outset.
Keywords:
ISCR; CR; government authority; civil society; private sector; economic growth; economic development; trade balance; human resources; Poverty reduction; Global