Islamic Republic of Mauritania: Technical Assistance Project on Public Debt Projections: Scoping Mission Report

This document outlines the initiation and early stages of a Technical Assistance project designed to enhance the capacity of Mauritania's National Committee on Public Debt (CNDP) in the areas of public debt projection and analysis.
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Volume/Issue: Volume 2024 Issue 039
Publication date: November 2024
ISBN: 9798400292934
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Exports and Imports , Economics- Macroeconomics , Public Finance , Public debt , debt management , technical assistance , IMF , dynamics tool , IMF ICD staff , IMF team , debt projection , debt dynamics analysis , Debt sustainability analysis , Government debt management , Macroeconomic and fiscal forecasts

Summary

This document outlines the initiation and early stages of a Technical Assistance project designed to enhance the capacity of Mauritania's National Committee on Public Debt (CNDP) in the areas of public debt projection and analysis. Following a request from Mauritanian authorities, IMF ICD staff engaged in comprehensive virtual discussions with the CNDP's Technical Committee in September 2023. A subsequent mission to Nouakchott in January 2024 evaluated the existing capacity and resources at the CNDP for public debt projection and debt sustainability analysis. The IMF team proposed adopting the IMF’s Public Debt Dynamics Tool (DDT), customized for Mauritania's specific economic conditions. This recommendation aims to assist the CNDP in generating reliable medium-term debt projections and analyzing risk scenarios. These scenarios include the impact of natural disasters and explore fiscal adjustment strategies via the non-extractive primary balance to achieve targeted debt levels.