The International Monetary Fund Executive Board approved new 42-month arrangements for Mauritania under the Extended Credit Facility and Extended Fund Facility totaling SDR 70.82 million, equivalent to 55 percent of quota or USD 95.8 million, and approved the fifth review under the Resilience and Sustainability Facility. The decisions unlock an immediate disbursement of SDR 78.78 million, about USD 105.6 million. The new program is intended to help preserve external buffers, maintain macroeconomic stability and support structural reforms. The IMF said Mauritania had delivered strong implementation under the 2022-2026 ECF and EFF program, with all end-December 2025 quantitative performance criteria met and the legal institutionalization of the fiscal rule completed with some delay. It also completed the remaining four RSF reform measures, including steps to integrate climate considerations into public financial management and strengthen water sector management. Building on that record, the new arrangements will focus on strengthening macroeconomic institutions and policy frameworks, reducing poverty and supporting private sector-led growth, and improving governance, including in public enterprises. The IMF also highlighted the role of the arrangements in helping mobilize support from development partners.
International Monetary Fund2026-06-24
International Monetary Fund approves 42 month Mauritania ECF and EFF arrangements totaling SDR 70.82 million and completes fifth RSF review
The International Monetary Fund approved new 42-month ECF and EFF arrangements for Mauritania worth SDR 70.82 million and completed the fifth review under the RSF. The decisions trigger an immediate disbursement of SDR 78.78 million and support external buffers, macroeconomic stability and further structural reform. The new program will focus on stronger policy frameworks, poverty reduction, private sector-led growth and governance reforms.