Mauritania’s Council of Ministers approved the 2027 finance-bill draft on 21 October, under President Mohamed Ould Cheikh El Ghazouani. The proposal assumes 5% real economic growth in 2027 and inflation of 3.3%, according to the official cabinet communiqué published that evening. These are budget assumptions, not realised economic outcomes. (ami.mr)
The draft sets total revenues and grants at 152.11 billion ouguiyas, against spending and net lending of 145.91 billion, producing a projected overall surplus of 6.20 billion ouguiyas. Cabinet approval is a government-stage decision, not confirmation of parliamentary enactment. (ami.mr)
Extractive income and the fiscal rule
The headline surplus coexists with a projected primary deficit excluding extractive revenues, including grants, of 21.03 billion ouguiyas, or 3.5% of GDP. The government compares that with 4% in 2026. This distinction is important: the overall balance and the non-extractive primary balance measure different aspects of the public finances. (ami.mr)