NEWS

The World Bank has approved Mauritania’s First Reform for Inclusive and Sustainable Growth Development Policy Financing, a $30 million credit from the International Development Association (IDA) that supports the Government of Mauritania’s efforts to build a more diversified, resilient, and job-creating economy.

The operation is the first in a programmatic series of three aimed at addressing structural constraints that limit Mauritania’s economic transformation. The series supports government efforts to: strengthen property tax collection and the regulatory framework for private investment, build human capital and skills for jobs, and accelerate inclusive access to affordable and sustainable energy services.

Reforms to enhance property tax collection will expand fiscal space for critical public investments in infrastructure, health, and education, while modernization of investment regulations will help create a more transparent, predictable, and competitive environment for private sector growth, entrepreneurship, and SME development.

Human capital development remains a cornerstone of Mauritania’s long-term growth agenda. The operation supports measures aimed at enhancing learning outcomes, improving the quality and equity of health services, strengthening social protection systems, and bolstering the resilience of vulnerable populations.

The program also advances key reforms in the energy sector to expand affordable, reliable, and sustainable energy access in line with the seventh United Nations Sustainable Development Goal and the M300 Mauritania Energy Compact, accelerating progress toward universal access and enabling the country to harness its substantial renewable energy potential.

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