Mali: First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Waiver of Performance Criteria, and Request for Modification of Performance Criteria

International Monetary Fund

No 2014/337, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses Mali’s First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Waiver of Performance Criteria (PC), and Request for Modification of PC. Economic recovery is under way but remains fragile. The buildup of the large-scale donor support has been hampered by serious lapses in public financial management (PFM), which raised governance concerns. With remedial measures now in place to address the PFM weaknesses, the program remains on track. The authorities are requesting waivers for PC on: tax revenue and nonconcessional borrowing. The IMF staff recommends conclusion of the first and second program reviews.

Keywords: ISCR; CR; debt; administration reform; authority; government; growth prospect; disbursement of SDR; property administration; government chart; Public and publicly-guaranteed external debt; West Africa; Global (search for similar items in EconPapers)
Pages: 111
Date: 2014-12-11
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