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Islamic Republic of Mauritania : third review under the three-year extended credit facility arrangement : staff report, press release on the Executive Board discussion

Author: International Monetary Fund. Middle East and Central Asia Department.
Publisher: Washington, D.C. : International Monetary Fund, ©2011.
Series: IMF country report, no. 11/362.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
The Islamic Republic of Mauritania's macroeconomic developments have remained broadly positive, despite high international fuel and food prices and the near-term drought impact. Supported by a rapid growth in manufacturing industries, non-oil output is expected to grow by 4.8 percent in 2011 despite the drought-related downturn in agricultural production. A low price pass-through and a prudent monetary policy helped  Read more...
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Details

Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund. Middle East and Central Asia Department.
ISBN: 1463956053 9781463956059
OCLC Number: 769755106
Language Note: English.
Notes: "December 2011."
Description: 1 online resource (58 pages).
Series Title: IMF country report, no. 11/362.
Other Titles: Islamic Republic of Mauritania, third review under the three-year extended credit facility arrangement
Responsibility: prepared by the Middle East and Central Asia Dept., in consultation with other departments.
More information:

Abstract:

The Islamic Republic of Mauritania's macroeconomic developments have remained broadly positive, despite high international fuel and food prices and the near-term drought impact. Supported by a rapid growth in manufacturing industries, non-oil output is expected to grow by 4.8 percent in 2011 despite the drought-related downturn in agricultural production. A low price pass-through and a prudent monetary policy helped contain inflation. Booming mining exports helped narrow the current account deficit and boost foreign exchange reserves to unprecedented levels.

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