01828cas a2200241 a 4500 AALejournalIMF009429 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451827644 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Islamic Republic of Mauritania : First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility; Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Islamic Republic of Mauritania. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (44 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The staff report for the First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) for the Islamic Republic of Mauritania explains the macroeconomic outlook and fiscal policy. Despite a substantial oil revenue shortfall, the fiscal deficit target was met and significant reserves were maintained in the oil fund. The prudent monetary stance contributed to strengthening confidence in the ouguiya and reining in inflation. Mauritania needs to continue to mobilize concessional support to finance its poverty reduction strategy. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2007/224 Full text available on IMF http://elibrary.imf.org/view/journals/002/2007/224/002.2007.issue-224-en.xml IMF e-Library