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The monetary unit in Mauritania is the ouguiya, which is divided into five khoums (266 ouguiyas equal U.S.$1; 2005 average). The Central Bank of Mauritania (founded in 1973) is the bank of issue. In 2000 exports totaled $499 million. Imports amounted to $294 million. Iron ore is the principal export; imports typically consist of food products, machinery, construction materials, petroleum, and consumer goods. Leading purchasers of exports are Japan, France, Italy, and Belgium and Luxembourg (which operate together as a single trading unit). Chief sources for imports are France, Algeria, Spain, China, and the United States. Mauritania also exports cattle to Senegal.
Transportation facilities include air routes and 7,660 km (4,760 mi) of roads and tracks. The 1,100-km Trans-Mauritanian highway was completed in 1985. A 670-km (416-mi) railroad links Nouadhibou to the Fdérik ore fields. Deep-water port facilities and international airports are located at Nouadhibou and Nouakchott. The country has 2 daily newspapers; the Chaab is published in French and Arabic in Nouakchott.
Manufacturing accounts for only 5 percent of Mauritania’s economic base and is limited primarily to fish processing and the production of other foodstuffs. In 2003 the country generated 185.6 million kilowatt-hours of electricity, 78.45 percent of which was produced in thermal facilities.
A 1961 constitution, promulgated soon after Mauritania became an independent republic, was suspended in 1978 following a coup d’état. Subsequently, legislative and executive power was vested in what became known as the Military Committee for National Salvation. The committee was headed by a chairman, who served as president of the country, and included 23 other permanent members in the late 1980s. A council of ministers, appointed by the committee, consisted of 22 members and included the prime minister. A new constitution was approved by referendum in July 1991. All citizens aged 18 and older may vote.
The 1991 constitution provides for an executive president, who is limited to two five-year terms under constitutional amendments approved by voters in 2006. The president appoints a prime minister to head the government. Mauritania has a legislature with two chambers, the National Assembly and the Senate. The 95 members of the National Assembly are directly elected to serve five-year terms, and the 56 members of the Senate are indirectly elected by municipal leaders to serve six-year terms.
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