Islamic Republic of Mauritania : Three-Year Arrangement under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Islamic Republic of Mauritania.
This paper discusses Mauritania's Request for a Three-Year Arrangement Under the Extended Credit Facility (ECF). The economic outlook is positive, but debt remains a concern. Near-term prospects are promising-supported by some improvement in the terms of trade, foreign direct investment in the...
| Corporate Author: | |
|---|---|
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2017.
|
| Series: | IMF Staff Country Reports; Country Report ;
No. 2017/369 |
| Online Access: | Full text available on IMF |
| Summary: | This paper discusses Mauritania's Request for a Three-Year Arrangement Under the Extended Credit Facility (ECF). The economic outlook is positive, but debt remains a concern. Near-term prospects are promising-supported by some improvement in the terms of trade, foreign direct investment in the extractive sector, planned structural reforms, and growth-enhancing public investment. Risks are balanced: on the upside, possible development of a recently discovered off-shore gas field could be a game-changer starting in 2021. On the downside, the economy remains highly vulnerable to lower metals prices, weather-related events, and regional security developments. The IMF staff supports the authorities' request for the ECF arrangement. |
|---|---|
| Item Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Physical Description: | 1 online resource (94 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| Access: | Electronic access restricted to authorized BRAC University faculty, staff and students |