Mali: First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Waiver of Performance Criteria, and Request for Modification of Performance Criteria
December 11, 2014
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This paper discusses Mali’s First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Waiver of Performance Criteria (PC), and Request for Modification of PC. Economic recovery is under way but remains fragile. The buildup of the large-scale donor support has been hampered by serious lapses in public financial management (PFM), which raised governance concerns. With remedial measures now in place to address the PFM weaknesses, the program remains on track. The authorities are requesting waivers for PC on: tax revenue and nonconcessional borrowing. The IMF staff recommends conclusion of the first and second program reviews.
Subject: External debt, Public and publicly-guaranteed external debt, Public debt, Public financial management (PFM), Revenue administration
Keywords: administration reform, authority, CR, debt, disbursement of SDR, Global, government, government chart, growth prospect, ISCR, property administration, Public and publicly-guaranteed external debt, West Africa
Pages:
111
Volume:
2014
DOI:
Issue:
337
Series:
Country Report No. 2014/337
Stock No:
1MLIEA2014004
ISBN:
9781498358484
ISSN:
1934-7685
