Mauritania is expected to see a growth rate of 6.8 per cent in 2013, up from 6.8 per cent in 2012, according to a report of the North Africa Office of the Economic Commission for Africa (ECA-NA), presented on Wednesday in Rabat.
The Mauritanian economy proved to be resilient in 2012, despite the repercussions of the serious drought that occurred in 2011 and the external shocks brought about by the global recession, the report noted.
The ECA presented the report during a meeting of the Inter-ministerial Committee of Experts (ICE) being held in Rabat on the theme, “Diversification and sophistication in the process of economic transformation in North African countries.”
Recovery in the agriculture sector and growth in the construction sector largely contributed to the growth, just like reforms applied in 2012 made it possible to reach a growth of 6.2% in the course of the year 2012.
“The recovery of the mining sector (iron and gold) is expected to make growth rebound in 2013 to stabilise at 6.8%,” according to the ECA.
The main challenges the Mauritanian economy is expected to face in 2013 have to do with the efficient use of the financial assistance granted by donors, the manner of accelerating the diversification of the economy and promoting a general inclusive growth that produces a positive effect on social development, the report indicated.