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Economic growth: the AfDB consolidates its commitment to Mauritania

13/05/2024
Source : ORISHAS-FINANCE
Categories: Economy/Forex Rate

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Dans le but de consolider son engagement envers le développement de la Mauritanie, la Banque Africaine de développement (BAD) a octroyé un financement de 422 million dollars.

AfDB financing aims to support economic growth and improve the living conditions of Mauritanians through key infrastructure projects. The partnership between the AfDB and Mauritania testifies to the institution's commitment to the growth and progress of the country over the decades. An ordinary sovereign loan of $300 million has been allocated for the Reforms Support Program for Sustainable and Resilient Inclusive Growth (PARI), aimed at supporting the economic and institutional reforms of the Mauritanian government for inclusive and sustainable economic growth.
122 million dollars was granted as part of the Transport and Logistics System Development Project (PDSTL), which is intended to improve the connectivity and efficiency of the transport system in Mauritania through the construction and rehabilitation of transport infrastructures

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