The paper examines domestic revenue mobilization in Mauritania and proposes strategies to enhance tax revenue collection to address fiscal sustainability challenges and finance critical investment projects. Despite recent progress, Mauritania's tax-to-GDP ratio remains below that of its peers,...

The paper explores the financial development landscape in Mauritania, highlighting its bank-centric structure and limited financial market development. Despite a large number of banks, financial intermediation remains weak, with low private-sector credit to GDP, limited financial inclusion, and...

This selected issues paper provides background on evolution, highlight the rationale behind the key changes, describe the most important extensions and their implications, and to then present several policy applications, which played a part in informing the 2023 Article IV discussions with the...

This selected issue paper discusses the desirable institutional and macro-financial conditions and optimal path toward greater exchange rate flexibility in the Islamic Republic of Mauritania. It also identifies the macro-financial risks that arise and mitigation measures supporting a smooth...

This Selected Issues paper highlights quantitative tightening (QT) by the European Central Bank (ECB). It uses evidence from the literature on the impact of central bank bond purchases and sales on bond yields, and the monetary policy stance, to outline a roadmap for reducing the Euro system's...