The International Monetary Fund (IMF) has authorized an immediate disbursement of 65.88 million Special Drawing Rights (SDRs), equivalent to $91 million, to Mauritania following the fifth review of the Extended Credit Facility (ECF) and Extended Fund Facility (EFF) arrangement, as well as the fourth review of the Resilience and Sustainability Facility (RSF).
The amount includes 6.44 million SDRs under the ECF/EFF and 59.44 million SDRs under the RSF, bringing total disbursements to 191.8 million SDRs ($258 million), according to a statement released on Wednesday, January 28.
Economic growth, which reached 6.3% in 2024, is expected to slow to 4.2% in 2025 due to a decline in the extractive sector, despite continued momentum in non-extractive activities, the institution said. Medium-term prospects remain favorable, supported by public investments in infrastructure and private investment.
The IMF noted that program implementation remains “on track,” with all quantitative targets met by the end of June 2025 and the majority of structural benchmarks being met. Reforms supported by the RSF are also progressing, albeit at a slower pace.
The multilateral bank praised Mauritania’s cautious fiscal management, based on fiscal anchoring aimed at stabilizing debt and limiting exposure to commodity price fluctuations. It encouraged continued governance, financial sector, and business climate reforms to support more diversified and inclusive growth.
