Description

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.

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Taxonomy

Balance of payments , Economic policy , Exchange rate policy , Fiscal policy , Foreign exchange , Monetary policy , Tax policy

More publications in this series: IMF Staff Country Reports