Research summaries on (1) measuring inflation, and (2) strengthening Poverty Reduction and Growth Facility (PRGF) programs through poverty and social impact analysis (PSIA); country study on Spain; listing of contents of Vol. 53, Special Issue of IMF Staff Papers, summary of recently published IMF book entitled "IMF-Supported Programs: Recent Staff Research"; listings of recent external publications by IMF staff members, IMF Working Papers, and visiting scholars at the IMF during January-August 2006.
This paper focuses on the Islamic Republic of Mauritania’s 2002 Article IV Consultation, Fifth Review Under the Poverty Reduction and Growth Facility (PRGF), and a Request for Waiver of Performance Criteria. Performance under the PRGF-supported program was solid in 2001, reflecting sound economic policies and greater ownership. Two of three structural performance criteria were met. The IMF staff supports the authorities’ macroeconomic policies for 2002 with emphasis on improved macroeconomic policy coordination, particularly monetary and exchange rate policies.