Mali: Seventh Review Under the Extended Credit Facility Arrangement, and Request for Extension and Augmentation of Access-Press Release; Staff Report; and Statement by the Executive Director for Mali

July 12, 2017

Preview Citation

Format: Chicago

Mali: Seventh Review Under the Extended Credit Facility Arrangement, and Request for Extension and Augmentation of Access-Press Release; Staff Report; and Statement by the Executive Director for Mali, (USA: International Monetary Fund, 2017) accessed September 18, 2024

Also available in: français

Summary

This paper discusses Mali’s Seventh Review Under the Extended Credit Facility Arrangement, and Request for Extension of Augmentation of Access. Program implementation is broadly satisfactory but the external position remains difficult and fiscal challenges are mounting. All December 2016 quantitative targets were met. Delays were recorded in the implementation of structural reforms but the authorities have since taken corrective measures. For 2017, expenditures will exceed previously programmed levels to address new security needs as well as costs associated with the decentralization. The IMF staff supports the authorities’ request for an augmentation of access equivalent to 13.6 percent of quota in 2017 and extension of the program through 2018.

Subject: Budget planning and preparation, Credit, Debt sustainability analysis, External debt, Public debt, Public financial management (PFM), Revenue administration

Keywords: Authority, Borrowing policy, Budget planning and preparation, CR, Debt sustainability analysis, Disbursement of SDR, ECF arrangement, Government, Government chart, Growth outlook, ISCR, West Africa

Publication Details

Pages:

95
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2017/209
Stock No:

1MLIEA2017001
ISBN:

9781484309384
ISSN:

1934-7685

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