On Monday, November 24, the Ministry of Economic Affairs and Development organized a ceremony in Nouakchott launch of the strategic report of the World Bank title : “Mauritania, Growth and Jobs — 2025 Report”.

“Beyond Extractive Industries: Unleashing Mauritania's potential for sustainable, inclusive and resilient growth.” This is the theme around which the launch of the strategic report was focused. of the World Bank. This report provides a comprehensive analytical framework for trajectory of economic development of the country. This report offers a sheet ambitious road for the gradual decoupling of the Mauritanian economy of its almost total dependence on industries extractive substances, and for the promotion of a new phase of economic growth more diverse and able to face climate challenges.

In his opening speech, the Minister of Economic Affairs and Development, Mr. Abdallahi Souleymane Cheikh Sidiya, affirmed that this report will be a source of up-to-date data. and reliable ones that can be relied upon to assess, develop and guide national and sectoral development strategies during the next phase.

The ratio of the World Bank indicates That the growth model based on extractive industries in Mauritania has exhausted its capacity to generate inclusive development, its impact having remained limited on the majority of the population, especially women and young people.

The report identifies four major challenges that hinder economic transformation, in particular the low demand for workforce, slow productivity growth, absence sufficient investments in non-extractive sectors, in addition to fluctuations in growth and revenues related to raw materials and climate risks.

It proposes three fundamental pillars of reforms based on the strengthening of physical, human and natural capital, the establishment of a stable regulatory framework and the dynamization of the sector private sector in promising sectors.

This report also presents five priorities to rapid impact, the most important of which are the investment in small childhood, the digitization of real estate transactions, the modernization of labor code, the activation of the competition authority and the strengthening training in the fields of science and technologies.