National Fund for Hydrocarbon Reserves

Country: Mauritania

Coverage: Jean-Michel Neault

Established: 2006

US$ Billion: >0.3

Origin: Oil, gas

Transparency Rating: 1

Summary:
Established on June 14th, 2006, the fund plays the role of a macroeconomic stabilization fund for the country. In addition, it has a long-term goal of accumulating savings for future generations. The Mauritanian Central Bank Ministry of Finance assures the management of the fund.

Revenue sources of the fund:

  • Revenues from State shared production with oil companies ‘’profit oil’’
  • Royalties and taxes from the oil companies
  • Dividends from the SMH (Mauritanian Hydrocarbon Society)
  • Bonuses, levies, penalties
  • Investment fund revenues

News and Updates

Location

Website

Banque Centrale de Mauritanie

1. All figures quoted are from official sources, or, where the institutions concerned do not issue statistics of their holdings, from other publicly available sources.


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