Mauritania reaches deal on new extended fund facility

Mauritania reaches deal on new extended fund facility

Mauritania reaches deal on new extended fund facility

The IMF announced on Wednesday (January 25), an amount of about US$86.9 million Extended Credit Facility and Extended Fund Facility for Mauritania.

According to the institution, the country’s growth (5.3% in 2022, up from 2.4% in 2021) was driven mainly by the mining, agriculture and fisheries sectors. Inflation is expected to stagnate at around 11% (5.7% in 2021), thanks to the Central Bank of Mauritania’s tight monetary policy.

For more information, please see https://www.ecofinagency.com/public-management/2601-44208-mauritania-reaches-deal-on-new-extended-fund-facility

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