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IMF new loan for Mauritania
Mauritania, Economics, 1/29/2001
The International Monetary Fund (IMF) on Friday approved a loan for Mauritania at a cost of US $ 8 million to be added to a similar loan in the framework of the initiative to help the most indebted countries.
News reports said that the IMF noted in a statement the need to commend the achievements of the Mauritanian authorities for its good economic performance with the great progress, especially in 2000 and small inflation and a notable level in the foreign currencies level.
Worthy mentioning that the loan is part of a program approved by the IMF for Mauritania in July 1999 reached US $ 55 million of which Nouakchott used US $ 16 million.
Previous Stories:
Mauritania launches first mobile phone network
(10/3/2000)
African development bank donates Mauritania $1.54 million
(7/11/2000)
Air Afrique buys 32 % shares in Mauritania Airways
(7/6/2000)
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