Madar (Nouakchott) - Mauritania's outstanding state financial debt is projected at 219.269 billion MRU on 31 December 2026, the reference position at the start of the 2027 fiscal year, according to the "projected financial debt" annex to the initial 2027 finance bill, published on the Ministry of Finance website on Sunday 8 November 2026.
According to the annex, prepared on the basis of data from the Public Debt Directorate, state debt "remains mostly concessional and of external origin". Multilateral creditors hold more than half of it, with 114.7 billion MRU (52.3%), followed by bilateral creditors with 78.6 billion MRU (35.9%).
Securities issued by the state account for 21.7 billion MRU (9.9%) of the stock, and debt owed to the monetary authority, the Central Bank of Mauritania, for 4.2 billion MRU (1.9%).
The Arab Fund for Economic and Social Development is the largest creditor with 54.8 billion MRU, a quarter of the stock (25%), ahead of the Saudi Fund for Development with 28.4 billion MRU (13%) and the World Bank's International Development Association (IDA) with 26.7 billion MRU (12.2%). Together these three creditors hold half of the state's debt.
Other creditors listed in the annex table include the Islamic Development Bank with 16 billion MRU (7.3%), the Kuwait Fund for Arab Economic Development with 8 billion MRU (3.7%) and the Export-Import Bank of China with 7.5 billion MRU (3.4%).
The annex is published under Article 42 of Organic Law No. 2018-039 on finance laws, which requires the finance bill to be accompanied by a statement of the state's projected financial debt at year-end, broken down by type, creditor category and maturity, to inform Parliament on the sustainability of the state's financial commitments.
