The World Bank has approved a $30 million credit to support Mauritania’s efforts to achieve more inclusive and sustainable economic growth. The funding, provided through the International Development Association (IDA), is part of the First Reform for Inclusive and Sustainable Growth Development Policy Financing. This initiative aims to help Mauritania build a diversified, resilient economy that creates jobs.
Ibou Diouf, World Bank Country Manager for Mauritania, stated: “This operation marks a significant step in Mauritania’s transition toward a more inclusive and sustainable development model. The reforms supported are designed to expand economic opportunities, strengthen institutions, and improve the quality of essential services so that growth translates into better jobs and improved living conditions for Mauritanians.”
This operation is the first in a planned series of three programs intended to address structural challenges in Mauritania’s economy. The reforms will focus on improving property tax collection, updating regulations for private investment, developing human capital and skills relevant for employment, and increasing access to affordable energy.
“These reforms tackle the core bottlenecks that have limited Mauritania’s ability to generate productive jobs and broaden its economic base,” said Urbain Thierry Yogo, Task Team Leader and Senior Economist. “By improving the investment climate, boosting human capital, and expanding access to reliable energy, the program lays the groundwork for sustained, private-sector-led growth that benefits all Mauritanians.”
Efforts to enhance property tax collection are expected to increase government revenue available for public investments in infrastructure, health care, and education. Modernizing investment regulations aims to create a more transparent environment that supports private sector growth and entrepreneurship.
The initiative also emphasizes human capital development by supporting improvements in education outcomes, health service quality and equity, social protection systems, and resilience among vulnerable groups.
In addition, reforms in the energy sector will work toward expanding affordable and reliable access to electricity. These efforts align with United Nations Sustainable Development Goal 7 as well as national strategies like the M300 Mauritania Energy Compact.
The policy financing aligns with upcoming strategic frameworks such as the Country Partnership Framework (CPF 2026–2030) along with national plans focused on accelerating growth while reducing risks from climate change or commodity price fluctuations.
By implementing these measures through its Development Policy Financing program, Mauritania seeks to move away from reliance on extractive industries toward an economy characterized by diversification, job creation, and climate resilience.