Africa > North Africa > Mauritania > Mauritania Outlook for 2015-17

Mauritania: Mauritania Outlook for 2015-17

2015/11/01

The country (Mauritania) is situated in Northern Africa, bordering the North Atlantic Ocean, between Senegal and Western Sahara.


The country has borders with Algeria 463 km, Mali 2,237 km, Senegal 813 km, Western Sahara 1,561 km.

The government's economic policies to placate protesters have been met with a mixed reception. Anecdotal evidence suggests that a food subsidy programme launched by the government in January, Operation solidarite, has been under-utilised and has facilitated corruption.

Despite poor international conditions, notably a sharp drop in the price of iron – the country’s major export – the economy grew an estimated 6.4% in 2014, the third year running that it has been above 5%.


The short and medium-term outlook remains good, thanks to satisfactory macroeconomic policies, structural reforms, increased public investment and plans for better production capacity in the extractive sector.
Encouragement of inclusive increase includes reducing spatial and other inequalities, a priority for better territorial governance.

The economy remained healthy in 2014, growing an estimated 6.4% – higher than 5% for the third year running – and driven by a revival in fisheries and a robust mining sector, which compensated for lower oil production and manufacturing. With suitable policies and structural evolution, the economy held up against falling iron and gold prices and insufficient rainfall. The short and medium-term outlook remains good, thanks to a planned increase in the production capacity of the extractive sector and continuing structural reforms.


Economic gains were strengthened in 2014, and inflation remained under control at 3.5%. The in general budget situation continued to be viable despite some widening of the deficit in the basic balance (to 2.4% of GDP) and in the in general balance (to 3.4%). The current deficit improved to 24.7% of GDP from 24.8% in 2013. Currency reserves fell slightly due to lower exchange rates and were estimated at the equivalent of 4.7 months of imports (excluding the extractive sector) compared with 6.5 months in 2013. The year saw the start of a structural transformation of the economy, with a gradual diversification of the productive base and the continuing expansion of the services sector.


The 2015 budget focused on continuing public investment , strengthening the macroeconomic balance and implementing priority structural reforms. This should produce a better macroeconomic situation, with inflation held at 4.6%, smaller basic and in general budget deficits and a comfortable level of exchange reserves.


Mauritania has made evolution in reducing poverty by strengthening the social safety net and investing in key projects to fill the infrastructure gap, but much remains to be done. Evolution towards the 2015 Millennium Development Goals has been mixed.


Despite the positive change in the economic situation, challenges remain in achieving additional inclusive increase, with appropriate attention required for inequalities, notably the spatial disparities resulting from the country’s large size (1 030 000 km2) and strong demographic increase (an annual 6.44%) in the capital, Nouakchott, which has just over one-fourth (958 500) of the total people. The region of the capital is by far the majority populated, compared with the sparsest, Inchri, which has only 19 600 inhabitants. This underlines the importance of a land-use and territorial-rebalancing policy as a crucial means to reduce regional disparities.

Related Articles
  • Africa's Relationship With China Is Ancient History

    2017/07/02 In 2002 South Africa's Parliament unveiled a digital reproduction of a map - of China, the Middle East and Africa - that some speculated could be the initial map of the African continent. The Da Ming Hun Yi Tu - the Comprehensive Map of the Great Ming Empire - was drawn up around 1389 during the Ming Dynasty, according to historian Hyunhee Park.
  • Africa: Making Things Happen at the Bank - 'Not a Talk Shop' - Akin Adesina

    2017/07/02 Dr. Akinwumi Adesina is focusing on five areas to achieve the African and world goals for a prosperous continent since becoming president of the African Development Bank - Africa's major public financial institution in September 2015. He was a keynote speaker at this month's Corporate Council on Africa's U.S.- Africa Business Summit in Washington D.C. and moderated a lively panel with five African government ministers. He as well received the Gene White Lifetime Succcess Award from the World Child Nutrition Foundation. This week, he was named the 2017 recipient of the World Food Prize, a prestigious honor that includes a $250,000 award. In an interview in Washington, DC, Adesina discussed the Development Bank's ambitious schedule and his vision for attracting the increase capital Africa needs. Posting questions for AllAfrica was Noluthando Crockett-Ntonga.
  • Climate change laws around the world

    2017/05/14 There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation. The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.
  • The friendly relations between the People's Republic of China and the Islamic Republic of Mauritani

    2015/10/01 In 2013, the friendly relations between the People's Republic of China and the Islamic Republic of Mauritania continued to advance steadily with fruitful exchanges and cooperation in various fields.
  • North Africa: EU Not Showing 'Political Will' Over Migration Crisis

    2015/08/07 The 28-country European Union has told member states that expressing regret over the new migrant tragedy was no substitute for action. Some 200 migrants were feared drowned at the same time as their vessel sank off the Libyan coast. One NGO helping to save shipwrecked migrants in the Mediterranean Sea is the medical charity Doctors Without Borders. DW has been talking to the chief of their German section, Florian Westphal.