In response to covid-19, the IMF decided to increase its financing to the Mauritanian government. Initially intended to support a reform plan, the Extended Credit Facility agreement between Nouakchott and the Fund has been redirected towards a pandemic response program.
Covering the period 2017-2021, this financing aims to help the State meet social and infrastructure needs while maintaining macroeconomic stability and increasing resilience to shocks.
Find out more about this agreement here.