Mali: Staff Report for the 2003 Article IV Consultation

Volume/Issue: Volume 2004 Issue 011
Publication date: January 2004
ISBN: 9781451826302
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Topics covered in this book

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Exports and Imports , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , ISCR , CR , CFA franc , authority , net present value , fund , Malian authorities , real GDP , broad money , debt relief , IMF's assessment , Agricultural commodities , Exports , Debt relief , West Africa

Summary

Mali has been implementing reforms supported by the IMF through the Enhanced Structural Adjustment Facility (ESAF) and Poverty Reduction and Growth Facility (PRGF) arrangements. Executive Directors commended the macroeconomic management, poverty reduction, and structural reforms, and emphasized the need for strengthening fiscal performance, the finance system, and the effectiveness of the Anti-Money Laundering and Combating Financing of Terrorism regime. They agreed that the ex post assessment of performance under the (ESAF)/PRGF arrangements have helped Mali to stabilize the macroeconomic situation and improve the structure of its economy.