Africa Financial Sector Responses to COVID-19 - Mauritania

Jul 28, 2020

This page presents measures and initiatives by the government of Mauritania, national central bank and Development Finance Institutions (DFIs) in support of a resilient domestic financial sector facing the effects of the COVID-19 pandemic.

Disclaimer: This page contains information and links from third parties. These links are being provided as a convenience and for informational purposes only; they do not constitute an endorsement or an approval by MFW4A.

Instrument

Institution

Financing volume

Description

Monetary Policy

Central bank of Mauritania

N/A

(March 26, 2020) The central bank has taken a series of measures:
* Lowering its key interest rate from 6.5% to 5% ; 
* The lending facility rate down from 9% to 6.5% 
*The reserve requirement rate down from 7% to 5%;
* The deposit facility rate, set at the key rate minus 5%, i.e. 0%.  


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