IMF Staff Country Reports

Islamic Republic of Mauritania: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for a Waiver of Performance Criterion: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Islamic Republic of Mauritania

December 4, 2007

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Islamic Republic of Mauritania: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for a Waiver of Performance Criterion: Staff Report; Staff Supplement; 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 22, 2024

Also available in: français

Summary

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.

Subject: Commodities, Expenditure, Fiscal policy, Fiscal stance, Oil, Oil, gas and mining taxes, Poverty, Poverty reduction strategy, Taxes

Keywords: Authority, Balance, BCM financing, CR, Financing gap, Fiscal stance, Gas and mining taxes, Global, Governance, Governance measure, ISCR, Oil, Oil revenue management, Poverty reduction strategy, PRGF loan, West Africa

Publication Details

  • Pages:

    72

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2007/375

  • Stock No:

    1MRTEA2007005

  • ISBN:

    9781451827651

  • ISSN:

    1934-7685

Notes

Also available online in French