IMF Staff Country Reports

Islamic Republic of Mauritania: Staff Report for the 2024 Article IV Consultation, Third Review Under the Arrangements Under the Extended Credit Facility and Extended Fund Facility, Request for Modification of Quantitative Performance Criteria, and Second Review Under the Resilience and Sustainability Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for the Islamic Republic of Mauritania

December 20, 2024

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Format: Chicago

International Monetary Fund. Middle East and Central Asia Dept. "Islamic Republic of Mauritania: Staff Report for the 2024 Article IV Consultation, Third Review Under the Arrangements Under the Extended Credit Facility and Extended Fund Facility, Request for Modification of Quantitative Performance Criteria, and Second Review Under the Resilience and Sustainability Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for the Islamic Republic of Mauritania", IMF Staff Country Reports 2024, 362 (2024), accessed December 21, 2024, https://doi.org/10.5089/9798400296819.002

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Summary

The Mauritanian economy is expected to slow down in 2024 with a growth rate estimated at 4.6 percent (compared to 6.5 percent in 2023), reflecting sluggish extractive sector. Inflation is contained and the current account (CA) deficit is narrowing. The outlook is subject to significant risks, including an escalation of geopolitical tensions in the region, and weather shocks. Moreover, challenges related to infrastructure, governance, vulnerability to economic shocks, and limited economic diversification constrain Mauritania’s economic development.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Crime, Debt service, Debt sustainability analysis, Expenditure, External debt, Fiscal law, Fiscal policy, Foreign exchange, Public debt, Revenue administration

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Debt service, Debt sustainability analysis, Fiscal law

Publication Details

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