introduction

The draft finance law for 2024 in Mauritania focuses on strategic budgetary and fiscal reforms. These reforms are aimed at optimizing revenue collection and rationalizing expenditure, thus contributing to the country’s macroeconomic stability.

Fiscal Reforms

Key measures of the 2024 fiscal reforms include:

• Introduction of e-production and e-payment for large enterprises, simplification of tax procedures and improvement of transparency.
• Implementation of Mauritania’s international tax commitments, ensuring compliance with global standards.
• Application of a common external tariff for imports, aligned with international standards.

Budget Management

Budget management focuses on:

• Control operating expenses, in particular by reducing costs in key sectors.
• Allocation of funds for project structuring, support for economic and social development.
• Pursue prudent fiscal policy to ensure fiscal sustainability.

Impact on Economic Growth

These reforms should have a positive impact on economic growth by promoting a healthy business environment and attracting more investment.

Conclusion

The budgetary and tax reforms planned in the draft finance law for 2024 demonstrate Mauritania’s commitment to strengthening its economic governance and promoting inclusive and sustainable growth.