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Inclusive and sustainable growth: the World Bank approves Mauritania's first reform

01/12/2025
Source : ORISHAS FINANCE
Categories: Sectors

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Mauritania's first reform for the financing in support of inclusive development policies (DPF) and sustainable has been approved by the World Bank. The institution granted a line of credit 30 million dollars from the International Association of development (IDA).

The World Bank supported the efforts of Mauritanian government to build a more diversified economy, resilient and creating jobs. According to Ibou Diouf, Operations Manager of the World Bank for Mauritania, “this operation marks a important step in Mauritania's transition to a model of more inclusive and sustainable development. Funded reforms aim to broaden economic opportunities, to strengthen institutions and to improve the quality of essential services so that growth leads to better jobs and better living conditions for Mauritanians.”

This series of projects supports the efforts made by public authorities to: strengthen the Property tax collection and the regulatory framework for investment private, strengthen human capital and the skills needed for employment, and accelerate inclusive access to affordable energy services and durable.
According to Urbain Thierry Yogo, project team leader and senior economist, “these reforms address the main bottlenecks that have limited Mauritania's capacity to create productive jobs and expand its economic base. By improving the investment climate, by strengthening the human capital and by expanding access to reliable energy, the program lays the foundations for sustained growth, led by the private sector, which benefits all Mauritanians.”
Reforms to improve property tax collection will expand fiscal room for manoeuvre for essential public investments in infrastructure, health and education, while modernization of investment regulation will help create an environment more transparent, predictable and competitive for private sector growth, entrepreneurship and the development of SMEs.

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