Country data and document
DEBT RELIEF INITIATIVES AND IMMUNIZATION FINANCING
Since 2000 Mauritania is benefiting from debt relief under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative. The sum of forgone debt service will amount to approximately US$1.1 billion over time. Moreover, debt stock cancellations granted by the International Development Association, the International Monetary Fund and the African Development Fund under the Multilateral Debt Relief Initiative (MDRI) in 2006 are supposed to result in additional savings of US$ 882 million.
Until 2005, the Mauritanian government maintained a system which facilitated the tracking and monitoring of HIPC resources in order to ensure that these funds were allocated to the five priority sectors defined in the Strategic Framework for Poverty Reduction (CSLP). Thereafter, specific tracking of HIPC funds has been abandoned in favour of efforts to track and report more comprehensively on overall poverty related spending.