In this study, despite recovery in the aftermath of the global crisis, the following challenges faced by Mauritania are discussed: vulnerability to external shocks, an insufficiently diversified economy, weak business climate, lack of fiscal space, and high unemployment and poverty rates. The poverty reduction strategy paper (PRSP) provides a good framework. Monetary, exchange rate, and financial sector policies are explained. Debt management and the improvement of the quality of public services by fiscal reforms and private sector by the implementation of the investment code are discussed.
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