European Parliament Library

Mauritania :, First Review under the Three-Year Arrangement Under the Extended Credit Facility-Staff Report and Press Release

Program implementation is satisfactory and economic activity is recovering in Mauritania. The budget preserves fiscal discipline and protects infrastructures and social spending. Greater flexibility in the exchange rate and an enhanced monetary policy framework will help build reserves. The structural program continues to focus on improving the business climate. The commitment for continued fiscal consolidation is commended by Executive Directors. This will help strengthen the country’s resilience to external shocks, improve the country’s prospects for mobilizing external support, sustain economic growth, create jobs, and reduce poverty
Table Of Contents
Contents; Executive Summary; I. Background and Program Implementation; II. Recent Economic Developments and Outlook; Boxes; 1. External Developments; III. Policy Discussions; A. Fiscal Consolidation and Reforms; B. Greater Flexibility of Monetary and Exchange Rate Policy; C. Structural Reforms; 2. Challenges for Monetary Policy; D. Other Issues; IV. Program Design; V. Staff Appraisal; Tables; 1. Selected Economic and Financial Indicators, 2008-13; 2. Central Government Operations, 2008-13; 3. Balance of Payments, 2008-13; 4. Monetary Situation, 2008-11
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (48 p.)
Specific Material Designation
Form Of Item

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