IMF reviews economies of West African oil-producing countries

摘要

THE EXECUTIVE BOARD of the International Monetary Fund (IMF) has concluded the Article IV consultation with Islamic Republic of Mauritania acknowledging the economic deterioration since 2014. The authorities have started adjusting their fiscal and exchange rate policies, including measures to strengthen revenues and contain current expenditures, and allowing for nominal depreciation. Growth slowed to about two per cent in 2015 due to lower mining activity and slower construction and fishing activity because of base effects, and is expected to rebound to 4.1 per cent in 2016.