Mali: Second Review Under the Poverty Reduction and Growth Facility, Second Annual Program, and Requests for Augmentation and for Extension of Arrangement and Commitment Period

August 8, 2001

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Format: Chicago

Mali: Second Review Under the Poverty Reduction and Growth Facility, Second Annual Program, and Requests for Augmentation and for Extension of Arrangement and Commitment Period, (USA: International Monetary Fund, 2001) accessed November 29, 2024

Summary

After a sustained economic growth in the post-devaluation period, the Malian economy experienced severe crisis in the cotton sector that resulted in slow economic activity, low government revenue, and high external sector deficit. Executive Directors suggested that the successful diversification of the Malian economy would require efforts to develop human capital, physical infrastructure, and lower energy costs. They agreed that Mali has successfully completed the second review under the Poverty Reduction and Growth Facility Arrangement, and approved the waiver and extension for arrangement.

Subject: Agricultural commodities, Commercial banks, Commodities, Credit, Expenditure, Financial institutions, Fiscal policy, Fiscal stance, Money

Keywords: Agricultural commodities, Commercial banks, Cotton sector, CR, Credit, Fiscal stance, ISCR, Petroleum product, Petroleum tax revenue, Poverty-reducing outlay, Tax revenue, Tax revenue performance, West Africa

Publication Details

Pages:

80
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2001/130
Stock No:

1MLIEA0012001
ISBN:

9781451826234
ISSN:

1934-7685

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