MALI: Staff Report for the 2000 Article IV Consultation, First Review Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criteria

International Monetary Fund

No 2000/126, IMF Staff Country Reports from International Monetary Fund

Abstract: Mali has made progress in reducing macroeconomic imbalances, improving the competitiveness of the economy, and alleviating economic distortions under the Poverty Reduction and Growth Facility (PRGF) Arrangement. Executive Directors commended this step, and stressed the need to maintain fiscal and monetary policies, and accelerate structural reforms. They noted that the Malian economy suffered from trade losses and difficulties in the cotton and electricity sectors, and urged to take necessary actions. They appreciated the authorities' commitment to the PRGF-supported program, and supported the request for waivers.

Keywords: ISCR; CR; program ceiling; wage bill; assistance; program benchmark; bill; government; terms of trade loss; employment program; core government expenditure; Agricultural commodities; Privatization; Credit; Oil prices; Commercial banks; West Africa (search for similar items in EconPapers)
Pages: 75
Date: 2000-10-10
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