{"id":359146,"date":"2023-12-20T16:40:24","date_gmt":"2023-12-20T19:40:24","guid":{"rendered":"https:\/\/anba.com.br\/mauritania-projected-to-grow-4-8-in-2023-imf\/"},"modified":"2024-03-22T17:09:54","modified_gmt":"2024-03-22T20:09:54","slug":"mauritania-projected-to-grow-4-8-in-2023-imf","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/mauritania-projected-to-grow-4-8-in-2023-imf\/","title":{"rendered":"Mauritania projected to grow 4.8% in 2023: IMF"},"content":{"rendered":"<p>S\u00e3o Paulo \u2013 Mauritania\u2019s Gross Domestic Product (GDP) is expected to grow 4.8% in 2023, a lower rate than the 6.4% recorded in 2022, according to estimates released by the International Monetary Fund (IMF) on Tuesday (19). The projection was made public within the scope of the institution\u2019s board review of arrangements for the North African nation. The IMF also announced new arrangement disbursements for the country. (<em>Pictured above, the port of the capital Nouakchott.)<\/em><\/p>\n<p>According to a release signed by the IMF\u2019s deputy managing director, Kenji Okamura, the country\u2019s economic growth remained \u201cstrong\u201d in 2023 due to sound policies, donor support, and normalized food and energy prices. Inflation declined, the current account deficit narrowed, international reserves remained comfortable, and fiscal performance remained in line with the authorities\u2019 medium-term goal of declining external debt,\u201d Okamura said. The inflation rate is expected to close the year at 4.5%. In 2022, it reached 11%.<\/p>\n<p>The IMF also said a disciplined fiscal policy to preserve infrastructure investments and social spending would help the country achieve greater and \u201cgreener\u201d growth while containing debt.<\/p>\n<p>In the same release, the fund announced the disbursement of two loans to the country. The first, equivalent to USD 21.5 million, is part of the Extended Fund Facility (EFF) and Extended Credit Facility (ECF) arrangements \u2013 financing programs for low-income countries with balance of payments issues. The second was a 31-month arrangement equivalent to USD 258 million in the IMF\u2019s Resilience and Sustainability Facility (RSF) \u2013 a program dedicated to countries conducting reforms to improve payment balance, including those related to pandemics and climate change.<\/p>\n<p><strong>Translated by El\u00fasio Brasileiro<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The IMF expects a GDP growth rate lower than in 2022 but still at a \u201cstrong\u201d pace. Inflation is slowing down and international reserves are \u201ccomfortable.\u201d<\/p>\n","protected":false},"author":2316,"featured_media":357761,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[26662,47047,47046,34179,2099,14400,2221,28576,16,553,1988,31606,3055,303,12924],"class_list":{"0":"post-359146","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-alimentos-en-2","9":"tag-economic","10":"tag-economicas","11":"tag-energia-en","12":"tag-energy","13":"tag-financiamento","14":"tag-financing","15":"tag-fmi-en-2","16":"tag-food","17":"tag-gdp","18":"tag-imf","19":"tag-inflacao-en","20":"tag-inflation","21":"tag-mauritania","22":"tag-pib-ar"},"wps_subtitle":"The IMF expects a GDP growth rate lower than in 2022 but still at a \u201cstrong\u201d pace. Inflation is slowing down and international reserves are \u201ccomfortable.\u201d","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/359146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=359146"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/359146\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/357761"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=359146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=359146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=359146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}