Summary:

The International Monetary Fund (IMF) Executive Board approved the completion of the fourth review under Mauritania’s Extended Credit Facility (ECF) and Extended Fund Facility (EFF) agreements, as well as the third review of its Resilience and Sustainability Facility (RSF). The decision enables the immediate disbursement of approximately $49.2 million in Special Drawing Rights. The IMF noted that this support comes as Mauritanian authorities continue efforts to promote inclusive economic growth, strengthen public finances, and advance climate and development-related reforms amidst increasing regional and global economic challenges. 

The IMF also emphasized that effective implementation of the ECF and EFF programs, along with deeper reforms under the Resilience and Sustainability Facility, will be key to addressing Mauritania’s medium- and long-term needs and unlocking further financial support. 

Outlook: 

The IMF’s recent approval coincides with a period of significant social, economic, and infrastructural advancement in Mauritania, which has catalyzed a surge in development projects and attracted heightened engagement from international and regional financial institutions. The immediate disbursement of approximately $49.2 million reflects international confidence in Mauritania’s commitment to reform.  

Sustained and effective execution of these programs is crucial to promoting inclusive economic growth, strengthening fiscal stability, and advancing climate resilience alongside sustainable development goals.  

This progress is essential for meeting Mauritania’s medium- and long-term challenges and for reaching further financial resources necessary to support its development objectives. 

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