Mali: First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Nonobservance of Performance Criteria

International Monetary Fund

No 2005/129, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper focuses on Mali’s First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Nonobservance Performance Criteria. Program implementation in 2004 was mixed. The authorities stuck to their fiscal program, meeting all targets and indicators through end-September, despite some revenue and financing shortfalls. However, progress on structural reforms, particularly privatization, has been disappointing. The authorities request waivers for three structural performance criteria on the basis of corrective actions concerning privatization policies in the cotton, telecommunications, and banking sectors.

Keywords: ISCR; CR; PRGF arrangement; pump price; fuel excise; staff report estimate; consumer price inflation; Agricultural commodities; Privatization; Producer prices; Inflation; Agricultural prices; West Africa; Global (search for similar items in EconPapers)
Pages: 73
Date: 2005-04-06
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