In recent years, Mauritania has enjoyed political stability, with the June 2014 presidential elections taking place peacefully. In addition, the country registered a robust growth rate of 6.7 per cent in 2013 and continues to be characterized by macroeconomic stability. The country, however, remains exposed to vulnerabilities related to lack of diversification, international price volatility and reliance on foreign inflows. While it has succeeded in increasing per capita income in recent years, income distribution has remained relatively unchanged for the last two decades, and the challenges of unemployment remain daunting. Sound management of natural resources is essential to foster inclusive and long-term growth.