Terrorist attack hits already-fragile economy

by IRIN | on Sep26 2008

Alleged terrorist attacks on 14 September in Tourine in the northeast killed 11 soldiers and their civilian guide, confirmed Mauritania’s newly-installed defence ministry on 20 September. Analysts say the economy can ill-afford this additional blow in the face of donor sanction threats. The European Union (EU), US government and World Bank have suspended, or threaten to cut, more than US$500 million in non-humanitarian aid in condemnation of the 6 August military takeover and continued detention of President Sidi Mohamed Ould Cheikh Abdallahi. Economist Isselmou Ould Mohamed with the World Bank-funded non-profit Association for the Exchange of Economic Information told IRIN the attacks add to mounting pressure faced by Mauritania’s aid-dependent economy. “Mauritania needs international dollars for its roads, hospitals, and public works.” Based on World Bank 2007 figures, 67 percent of Mauritania’s public spending is financed by international donors.

http://www.irinnews.org/Report.aspx?ReportId=80530


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Topic: English


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