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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