02029cas a2200241 a 4500 AALejournalIMF017998 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484324660 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Middle East and Central Asia Dept. Islamic Republic of Mauritania : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Islamic Republic of Mauritania. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (84 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 This 2017 Article IV Consultation highlights a continued challenging external environment for Mauritania, with low and volatile metal prices. A steep decline in iron ore prices in 2014-15 took away half of exports, widened the fiscal deficit, put pressure on reserves, and exposed bank vulnerabilities. In response, the authorities adjusted the budget significantly in 2016, allowed the exchange rate to adjust, and mobilized foreign grants and loans. These efforts contributed to reducing external imbalances and maintaining macroeconomic stability. The authorities are now strengthening bank supervision and are preparing a national strategy for accelerated and inclusive growth for 2016-30, including structural reforms and a large-scale, foreign-financed infrastructure investment program to support jobs, growth, and diversification. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/324 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/324/002.2017.issue-324-en.xml IMF e-Library