IMF Staff Country Reports

Islamic Republic of Mauritania: Fifth Review Under the three-Year Extended Credit Facility Arrangement, Requests for Modification of Performance Criteria and Extension of the Arrangement—Staff Report and Press Release

December 4, 2012

Download PDF

Preview Citation

Format: Chicago

Islamic Republic of Mauritania: Fifth Review Under the three-Year Extended Credit Facility Arrangement, Requests for Modification of Performance Criteria and Extension of the Arrangement—Staff Report and Press Release, (USA: International Monetary Fund, 2012) accessed November 22, 2024

Summary

Mauritania successfully weathered several exogenous shocks during 2011–12. Political upheaval in neighboring countries has not had detrimental economic effects so far, but political uncertainty remains high. Resilient growth and a continued buildup of external and fiscal buffers characterize better-than-expected macroeconomic developments. Ambitious structural reforms are vital for generating broad-based inclusive growth, promoting employment, and reducing poverty. The authorities will continue to improve transparency and economic statistics. Policy actions laid the foundation for a sound macroeconomic performance, although important challenges and vulnerabilities remain.

Subject: Banking, Credit, Expenditure, Financial institutions, Foreign exchange, Loans, Money, Nonperforming loans

Keywords: CR, Credit, Current account, Exchange rate, Foreign exchange, GDP, Global, Government, ISCR, Loans, Monetary policy, Nonperforming loans, Price, Private sector, Procurement code, SDR

Publication Details

  • Pages:

    62

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2012/323

  • Stock No:

    1MRTEA2012003

  • ISBN:

    9781475592023

  • ISSN:

    1934-7685

You May Also Be Interested In...

Sierra Leone: 2024 Article IV Consultation and Request for a 38-Month Arrangement Under the Extended Credit Facility-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Sierra Leone

November 22, 2024

Implementing Risk-Based Solvency for Insurers—Lessons from Kenya, Mexico, and South Africa

November 22, 2024

New Evidence on the US Excess Return on Foreign Portfolios

November 22, 2024

The Fund's Income Position for FY 2024--Actual Outcome

November 21, 2024