Mauritania - Economic Reform and Diversification Support Program - Phase I

The Economic Reforms and Diversification Support Programme - Phase I is an intervention, both on the efficiency of public spending and on the production system excluding extractive industries. This is the first budget support program that the AfDB Group has implemented in Mauritania. However, it is part of the Bank's past operations, or those being implemented, in the governance sector and in the agricultural sector (PAGIP, PAGOCI, P2RS, etc.). It is also part of the efforts made by the Mauritanian authorities to move from a rent economy to a diversified economy driven by productive growth sectors, excluding the extractive industries. In its implementation, PAREDE l comes in two complementary components. The first focuses on improving the efficiency of public spending and focuses on structural reforms, the implementation of which will achieve the overall objective of economic diversification, and this, by mobilizing resources and optimize the management of public investments. The second consists in promoting the production system outside the extractive industries through support for Public Private Partnerships (PPP) and land reforms as well as strengthening reforms in the agro-pastoral sector.