Mali: Request for a Three-Year Arrangement under The Extended Credit Facility-Staff Report; Informational Annex; Staff Statement; Press Release on the Executive Board Consideration; and Statement by the Executive Director for Mali

International Monetary Fund

No 2013/380, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses Mali’s Request for a Three-Year Arrangement Under the Extended Credit Facility (ECF). The economy is recovering and inflationary pressures have abated. After a 0.4 percent GDP decline in 2012, Mali’s economy is on the mend. The improvement in the security situation and the resumption of donor assistance has helped revive business confidence. Activity is picking up in the service sectors hardest hit by the crisis (commerce, hotels, and restaurants). The banking sector is showing signs of strain. Resumption of donor support brightens the economic outlook; however, the generally positive outlook is subject to several risks.

Keywords: ISCR; CR; intelligence committee; government; staff appraisal; debt; preliminary estimate; government properties administration; government decision; West Africa; program implementation risk; ECF arrangement; fund obligation; energy policy reform; Credit; Sub-Saharan Africa; Global (search for similar items in EconPapers)
Pages: 107
Date: 2013-12-31
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