Mauritania's draft 2027 budget sets revenue from the European Union fisheries protocol at zero, down from 3.45bn MRU (€76mn) in the revised 2026 budget, according to the finance ministry's report on natural resource revenue. Fishing fines are projected to rise to 1.19bn MRU from 0.19bn MRU, and total fishing revenue to 10.10bn MRU (€224mn) from 10.00bn MRU, the report said.
Analysis: The forecast therefore does not rely on renewing the protocol. Instead, other fishing receipts would have to rise by about 54%, to 10.10bn MRU from 6.55bn MRU (€145mn) excluding EU money, by our calculation. Fines would grow more than sixfold. Meanwhile, royalties from state fish marketer SMCP and from vessels fishing under free licensing arrangements would also increase, the report indicates. This places the burden on enforcement and on non-EU fleets. The current protocol expires on November 14, and the Assembly votes on the 2027 budget on December 28, news site Madar reported.
Source: Ministère des Finances, Mauritanie, Ministère des Finances, Rapport de recettes fiscales et non fiscales que l'État prévoit de tirer de l'exploitation et de la vente des ressources naturelles du pays (Annexe PLFI 2027, octobre 2026; posted November 8, 2026), 2026 (LFR) and 2027 (draft budget); Ministère des Finances, Mauritanie, Ministère des Finances, Rapport annuel sur l'exécution des accords relatifs à l'exploitation des ressources naturelles (Annexe PLFI 2027, octobre 2026; posted November 8, 2026), 2027 (draft budget) and 2026 (LFR); AMI (state news agency), AMI home page exchange-rate box (BCM rates), read November 10, 2026, November 9, 2026