IMF Staff Country Reports

Mauritania: Recent Economic Developments

Publication Date:

March 14, 1995

Summary:

This paper describes economic developments in Mauritania during the 1990s. Significant progress has been achieved in Mauritania since 1992. Economic growth has held up and the rate of inflation has been contained to below 5 percent. The lingering domestic banking crisis was confronted through a comprehensive bank reform. Firm control has been exercised over fiscal and monetary policies, and remedial measures were introduced to cope with unforeseen fiscal outlays for bank restructuring and to counter the impact of a more adverse export environment.

Series:

Country Report No. 1995/020

Subject:

Agricultural commodities Agroindustries Banking Commercial banks Commodities Economic sectors Exports Financial institutions Imports International trade Public enterprises

Notes:

This report on recent economic developments in Mauritania was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.