The Islamic Republic of Mauritania : Detailed Assessment Report Anti-Money Laundering and Combating the Financing of Terrorism
Mauritania is a vast African country, two-thirds of whose territory is covered by desert. It borders four countries (Morocco, Algeria, Mali, and Senegal), and derives most of its revenue from the extraction of iron ore from deposits located in the...
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| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/en/117821468280435130/Mauritania-Detailed-assessment-report-anti-money-laundering-and-combating-the-financing-of-terrorism http://hdl.handle.net/10986/36676 |
| Summary: | Mauritania is a vast African country,
two-thirds of whose territory is covered by desert. It
borders four countries (Morocco, Algeria, Mali, and
Senegal), and derives most of its revenue from the
extraction of iron ore from deposits located in the northern
part of the country. The discovery of sizable petroleum
deposits, which began to be extracted in 2006, will probably
have a significant impact on the country's future
economic growth, which registered 5 percent in 2005.
Mauritania also has significant gold and diamond reserves,
for which several exploration permits have been issued. This
report draws on information gathered in the course of
discussions with representatives of the public sector and
the private financial sector (banks, savings institutions,
insurance) and private nonfinancial sector (notaries,
lawyers and NGOs). |
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