Thursday, November 21, 2024

IMF pledges support to reforms in Mauritania

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Fred Dzakpata
Fred Dzakpata is a Ghanaian journalist who specializes in business reporting in Africa.

The International Monetary Fund Boss Christine Largarde has announced the funds support to Mauritania in its ongoing reform.

The Britton Woode Institution want Mauritania to take advantage of the current favorable external environment to accelerate reforms and transition to stronger growth, which is needed to improve people’s living standards in a sustainable manner.

Ms Largarde revealed this when she met the Governor of the Central Bank of Mauritania Abdel Aziz Ould Dahi and the Minister of Economy and Finance El Moctar Ould Djay in Marrakesh, Morocco.

Following the meeting, Ms. Lagarde made the following statement: “I had a constructive meeting with Governor Abdel Aziz Ould Dahi and Minister Ould Djay, during which we discussed Mauritania’s recent economic developments and prospects. I welcomed the launch of the Mauritanian authorities’ economic reform program supported by the IMF’s $163.9 million Extended Credit Facility (ECF).

 

Source: Africafeeds.com / Fred Dzakpata

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