Mauritania : Recent Economic Developments.

This paper reviews economic developments in Mauritania during 1996-99. Mauritania continued its ambitious program of economic reforms in 1995-97. The government exercised firm control over public expenditures and ran a fiscal surplus in both 1996 and 1997. The decline in broad money in 1995-96 was r...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1999.
Series:IMF Staff Country Reports; Country Report ; No. 1999/021
Online Access:Full text available on IMF
Description
Summary:This paper reviews economic developments in Mauritania during 1996-99. Mauritania continued its ambitious program of economic reforms in 1995-97. The government exercised firm control over public expenditures and ran a fiscal surplus in both 1996 and 1997. The decline in broad money in 1995-96 was reversed in 1997, reflecting increased confidence in ouguiya-denominated assets, in part owing to the implementation of financial market reforms. These policies and reforms resulted in sustained GDP growth, which averaged 4.6 percent annually over 1995-97, that is, 1.8 percent in real per capita income growth.
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Physical Description:1 online resource (115 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students