Country Partnership Framework for Islamic Republic of Mauritania for the Period of FY18-FY23
Mauritania’s abundant endowment of natural resources, its strategic location at the gateway between Sub‐Saharan and Northern Africa, its richly diverse, yet stratified, cultural and social make‐up and its position in a restive region, increasingly...
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Format: | Report |
Language: | English |
Published: |
World Bank, Washington, DC
2018
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Online Access: | http://documents.worldbank.org/curated/en/288231531625439579/Mauritania-Country-partnership-framework-for-the-period-of-FY18-FY23 http://hdl.handle.net/10986/30049 |
Summary: | Mauritania’s abundant endowment of
natural resources, its strategic location at the gateway
between Sub‐Saharan and Northern Africa, its richly diverse,
yet stratified, cultural and social make‐up and its position
in a restive region, increasingly beholden to the ravaging
effects of climate change, create a complex development
space for poverty reduction and shared prosperity. The end
of the commodity super‐cycle brought these challenges to the
fore, marking a decisive turning point in Mauritania’s quest
to end poverty and achieve shared prosperity by 2030. This
Country Partnership Framework (CPF) for Mauritania lays out
the program for the period of FY18–FY23 and reflects lessons
from the Completion and Learning Review (CLR) of the
preceding FY14‐FY16 Country Partnership Strategy (CPS),
which was discussed at the Board in September 2013. The CPF
will support the transition to a more inclusive, diversified
and resilient model of growth, building on Mauritania’s
natural resource wealth. First, it expands opportunities for
economic diversification with interventions to raise
productivity in traditional livestock, fisheries, and
agricultural activities; improves household welfare through
access to basic services; and enables increased
participation in economic activity which will further
sustain growth. Second, interventions in education, health
and social protection will emphasize quality and access for
the most vulnerable population segments and employability of
youth and women. Third, it supports improvements in economic
governance to optimize revenue mobilization and public
spending, create opportunities for the private sector and
strengthen the transparency of the extractives sector. The
CPF emphasizes adaptation to the effects of climate change
and building environmental resilience, as well as
macroeconomic stability to ensure economic resilience.
Finally, the CPF will feature a sharpened focus on private
sector development, seeking to foster a more level playing
field to accelerate the nascent transition from public to
private sector‐led growth. This will be achieved through
even closer collaboration between IDA, IFC and MIGA in
maximizing finance for development. |
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