Islamic Republic of Mauritania: First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Islamic Republic of Mauritania

July 3, 2007

Preview Citation

Format: Chicago

Islamic Republic of Mauritania: First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Islamic Republic of Mauritania, (USA: International Monetary Fund, 2007) accessed December 23, 2024

Also available in: français

Summary

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.

Subject: Budget execution and treasury management, Commodities, Expenditure, Oil, Oil production, Oil, gas and mining taxes, Poverty, Poverty reduction, Production, Taxes

Keywords: CR, Difficulty carrying out poverty reduction expenditure, Executive board discussion, Gas and mining taxes, Governance, Government, ISCR, Oil, Oil production, Oil revenue management legislation, Poverty reduction, Poverty-reducing spending objective, Poverty-reduction goal, Strengthening, Transition authorities

Publication Details

Pages:

44
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/224
Stock No:

1MRTEA2007004
ISBN:

9781451827644
ISSN:

1934-7685

Notes

Also available online in French

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