Mali: Selected Issues

International Monetary Fund

No 2008/286, IMF Staff Country Reports from International Monetary Fund

Abstract: The cotton sector in Mali is facing major challenges to overcome, with low export prices, technical hurdles, and a poorly performing state-owned cotton ginner. Some reforms, most notably with regard to the setting of the farmgate procurement price, have already been undertaken, but more is needed to put the sector on a sound financial footing. It is vital that the production process be modernized and the ginner profoundly reformed if cotton is to play a major role in poverty reduction in rural Mali.

Keywords: ISCR; CR; Mali; state; price; procurement price; country; investor protection index; lackluster growth performance; cotton price; farmgate price; activity need; help mali; cotton sector; profit tax; growth equation; Agricultural commodities; Mining sector; Business environment; Gold; Natural resources; Africa; West Africa (search for similar items in EconPapers)
Pages: 32
Date: 2008-08-15
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