TAG: Transport
Saudi Arabia’s strong economic fundamentals allowed it to raise funds from international debt markets and deploy a broad range of fiscal and monetary tools to plug revenue shortfalls and alleviate some of the hardships facing businesses as a result of the Covid-19 pandemic.
The petrochemical and logistics sectors have been some of the most exposed industries in Latin America and across the world during the past 13 months. Both critical to the region’s economies, they faced substantial headwinds in the early months of the pandemic, such as closed borders and strict measures on industrial operations.
While Mauritania has been hard hit by the Covid-19 crisis, it is charting a course to economic recovery and resilience. Leveraging its ample natural resources, Mauritania is working to add more value to traditional sectors such as mining, agriculture and fisheries, while also seeking new sources of revenue to achieve sustainable and inclusive growth and job creation, particularly for young people.