Islamic Republic Of Mauritania

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Islamic Republic of Mauritania

Author : International Monetary Fund. Middle East and Central Asia Dept.
Publisher : International Monetary Fund
Page : 56 pages
File Size : 43,6 Mb
Release : 2023-02-03
Category : Business & Economics
ISBN : 9798400248573

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Islamic Republic of Mauritania by International Monetary Fund. Middle East and Central Asia Dept. Pdf

Islamic Republic of Mauritania: Selected Issues

Islamic Republic of Mauritania

Author : Mauritanie
Publisher : Unknown
Page : 30 pages
File Size : 54,7 Mb
Release : 1960*
Category : Electronic
ISBN : OCLC:758823690

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Islamic Republic of Mauritania by Mauritanie Pdf

Islamic Republic of Mauritania

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 80 pages
File Size : 47,5 Mb
Release : 2006-07-07
Category : Business & Economics
ISBN : 9781451827576

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Islamic Republic of Mauritania by International Monetary Fund Pdf

Statistical data and issues are discussed in this paper. Mauritania reached the completion point under the enhanced Initiative for Heavily Indebted Poor Countries. In July 2004, a new economic team took actions to tighten fiscal and monetary policies. The authorities intend to adopt sound principles for oil revenue management and tracking (various frameworks, such as the one proposed in the Extractive Industry Transparency Initiative, are under consideration). Executive Directors welcomed the authorities’ willingness to prepare for the transition to a more flexible exchange rate.

Islamic Republic of Mauritania

Author : International Monetary Fund. Middle East and Central Asia Dept.
Publisher : International Monetary Fund
Page : 35 pages
File Size : 48,6 Mb
Release : 2018-10-23
Category : Business & Economics
ISBN : 9781484381458

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Islamic Republic of Mauritania by International Monetary Fund. Middle East and Central Asia Dept. Pdf

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.

The Islamic Republic of Mauritania

Author : Anonim
Publisher : Unknown
Page : 6 pages
File Size : 51,5 Mb
Release : 1960
Category : Electronic
ISBN : OCLC:1197904241

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The Islamic Republic of Mauritania by Anonim Pdf

Islamic Republic of Mauritania

Author : International Monetary Fund. Middle East and Central Asia Dept.
Publisher : International Monetary Fund
Page : 33 pages
File Size : 45,8 Mb
Release : 2018-06-01
Category : Business & Economics
ISBN : 9781484358788

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Islamic Republic of Mauritania by International Monetary Fund. Middle East and Central Asia Dept. Pdf

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.

Islamic Republic of Mauritania

Author : International Monetary,International Monetary Fund. Middle East and Central Asia Dept.
Publisher : International Monetary Fund
Page : 52 pages
File Size : 41,6 Mb
Release : 2023-02-03
Category : Business & Economics
ISBN : 9798400234323

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Islamic Republic of Mauritania by International Monetary,International Monetary Fund. Middle East and Central Asia Dept. Pdf

Islamic Republic of Mauritania: Selected Issues

Islamic Republic of Mauritania

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 33 pages
File Size : 42,6 Mb
Release : 2012-08-27
Category : Business & Economics
ISBN : 9781475506693

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Islamic Republic of Mauritania by International Monetary Fund Pdf

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.

Islamic Republic of Mauritania

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 72 pages
File Size : 40,8 Mb
Release : 2007-12-04
Category : Business & Economics
ISBN : 9781451827651

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Islamic Republic of Mauritania by International Monetary Fund Pdf

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.

Islamic Republic of Mauritania

Author : International Monetary Fund. Middle East and Central Asia Dept.
Publisher : International Monetary Fund
Page : 68 pages
File Size : 50,7 Mb
Release : 2015-02-12
Category : Business & Economics
ISBN : 9781498354226

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Islamic Republic of Mauritania by International Monetary Fund. Middle East and Central Asia Dept. Pdf

This Selected Issues paper analyzes various aspects of fiscal framework in the Republic of Mauritania. Mauritania needs to avoid pro-cyclical fiscal policies and adopt rules that guide medium-term fiscal sustainability. Fiscal policy has been responsible and focused on fiscal consolidation, but important challenges lie ahead linked to price volatility, exhaustibility of resources, and effective use of resources. Mauritania has important natural resource wealth, and its fiscal policy is shaped by considerations resulting from its reliance on resource revenues. Prospects for price shocks in the short term and significant mining expansion in the long term could pose significant challenges to fiscal policy management. The analysis of fiscal framework options reveals that a fiscal rule which targets a nonresource primary balance for long-term sustainability, designed to allow some frontloading of public spending on productive investment, would be appropriate for Mauritania under the assumption of a finite resource horizon. A fiscal rule targeting a structural resource balance would be appropriate in the scenario of long-lasting resources, possible under the assumption of favorable developments in the global commodity markets.

Islamic Republic of Mauritania

Author : International Monetary,International Monetary Fund. Middle East and Central Asia Dept.
Publisher : International Monetary Fund
Page : 114 pages
File Size : 52,6 Mb
Release : 2021-03-05
Category : Business & Economics
ISBN : 9781513571430

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Islamic Republic of Mauritania by International Monetary,International Monetary Fund. Middle East and Central Asia Dept. Pdf

The COVID-19 pandemic continues to impose severe social and economic hardships in Mauritania, with a sharp contraction of output expected in 2020. The authorities have responded swiftly to the shock with measures to contain the pandemic and alleviate its fallout. They are prioritizing health spending and targeted support to the most vulnerable households and sectors in the economy. Nevertheless, conditions have weakened since the emergency disbursement under the Rapid Credit Facility in April 2020 (SDR 95.68 million, about US$130 million or 74.3 percent of quota) and wider external and fiscal financing gaps are projected.

Islamic Republic of Mauritania

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 44 pages
File Size : 54,5 Mb
Release : 2007-07-03
Category : Business & Economics
ISBN : 9781451827644

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Islamic Republic of Mauritania by International Monetary Fund Pdf

The staff report for the First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) for the Islamic Republic of Mauritania explains the macroeconomic outlook and fiscal policy. Despite a substantial oil revenue shortfall, the fiscal deficit target was met and significant reserves were maintained in the oil fund. The prudent monetary stance contributed to strengthening confidence in the ouguiya and reining in inflation. Mauritania needs to continue to mobilize concessional support to finance its poverty reduction strategy.

Islamic Republic of Mauritania

Author : International Monetary Fund. Middle East and Central Asia Dept.
Publisher : International Monetary Fund
Page : 150 pages
File Size : 55,7 Mb
Release : 2023-12-22
Category : Business & Economics
ISBN : 9798400264580

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Islamic Republic of Mauritania by International Monetary Fund. Middle East and Central Asia Dept. Pdf

Economic performance in 2022 has been positive, with robust real GDP growth, decreasing inflation, and a narrowing current account deficit. Still, challenges related to infrastructure, governance, vulnerability to economic shocks, and limited economic diversification constrain Mauritania’s economic development. While the political situation appears stable, security risks persist, especially in the Sahel region. Additionally, more frequent, and severe climate-related disasters create large adaptation needs, though opportunities for clean energy exist. The authorities are seeking support under the Resilience and Sustainability Facility (RSF) to enhance resilience to climate shocks, bolster disaster risk management, and accelerate the transition to cleaner energy sources, while continuing the ECF/EFF arrangements.

Islamic Republic of Mauritania

Author : International Monetary,International Monetary Fund. Middle East and Central Asia Dept.
Publisher : International Monetary Fund
Page : 102 pages
File Size : 44,7 Mb
Release : 2021-05-20
Category : Business & Economics
ISBN : 9781513578927

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Islamic Republic of Mauritania by International Monetary,International Monetary Fund. Middle East and Central Asia Dept. Pdf

The COVID-19 pandemic is having a severe human, economic, and social impact on Mauritania. The economy is estimated to have contracted by about 2 percent in 2020 and the crisis generated large financing needs. The authorities responded swiftly to mitigate the impact of the pandemic while international partners provided grants, loans, and debt service suspension. This, compounded by higher commodity exports (iron ore and gold) and some delays in emergency spending, resulted in unexpected fiscal surpluses and an accumulation of international reserves, which may now be used to support the recovery in 2021–22. The outlook remains highly uncertain and dependent on volatile commodity markets, with sizable downside risks in case new waves of the pandemic spill over into Mauritania.

Islamic Republic of Mauritania

Author : International Monetary Fund. Middle East and Central Asia Dept.
Publisher : International Monetary Fund
Page : 44 pages
File Size : 42,6 Mb
Release : 2020-06-16
Category : Business & Economics
ISBN : 9781513547930

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Islamic Republic of Mauritania by International Monetary Fund. Middle East and Central Asia Dept. Pdf

This paper focuses on the Islamic Republic of Mauritania’s Request for Disbursement Under the Rapid Credit Facility. The economic and social impact of the pandemic is rapidly unfolding, with a contraction of output expected in 2020. The authorities have responded swiftly with measures to contain the pandemic and alleviate its fallout. Going forward, prioritizing health spending and targeted support to the most vulnerable households and sectors in the economy remains critical. The authorities are committed to full transparency and reporting of resources deployed for the emergency response, to audit crisis-mitigation spending once the crisis abates, and to publish the results. At the same time, they remain committed to the economic reform program supported by the ongoing ECF arrangement with the IMF. The program aims at using the fiscal space to increase priority spending on education, health and social protection and infrastructure, while mobilizing domestic revenues and maintaining prudent borrowing policies to preserve debt sustainability.