World Bank urges Mauritania to diversify economy, boost reforms

World Bank urges Mauritania to diversify economy, boost reforms

The World Bank called on Mauritania to implement reforms to ensure macroeconomic stability and sustainable growth, warning against overreliance on mining. In a statement, it urged redirecting mining revenues into agriculture, industry, and services to create jobs and diversify the economy. The Bank also stressed maintaining sound fiscal and monetary policies to strengthen resilience against external shocks and ensure price stability.

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