Islamic Republic of Mauritania: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Islamic Republic of Mauritania

Author: International Monetary Fund. Middle East and Central Asia Dept.

Volume/Issue: Volume 2016 Issue 115

Publication date: May 2016

ISBN: 9781484346303

$18.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats


English
French

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Exports and Imports , Finance , Economics- Macroeconomics , Public Finance , ISCR , CR , debt , deficit , terms-of-trade shock , TA mission , commodity shock , PPG debt , GDP ratio , Currency markets , Bank supervision , Global , Sub-Saharan Africa , Middle East , North Africa , East Africa

Also of interest

Nepal

Republic of Congo : 2001 Article IV

Peru

Malawi

Summary

This paper discusses the impact of the global economic slump on the Mauritanian economy, which faces a significant negative terms-of-trade shock that is more persistent than initially envisaged. The impact of the international shock is compounded by a narrow production base, structural weaknesses, and limited policy space related to elevated public debt and pressures on external buffers. The outlook sees a recovery in economic activity to 4.1 percent in 2016, but risks to the outlook are tilted to the downside. The present economic uncertainty has prompted Mauritania to call for an ambitious policy adjustment to diversify the economy and promote inclusive growth for a determined reform agenda.