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
IMF Staff Country Reports, July 12, 2017
Source details
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- 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
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Bibliographic details
- Published: July 12, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484309384.002
Program implementation and external position
- Program implementation is broadly satisfactory.
- The external position remains difficult.
- All December 2016 quantitative targets were met.
- 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.
Fiscal developments and 2017 outlook
- For 2017, expenditures will exceed previously programmed levels to:
- address new security needs, and
- cover costs associated with the decentralization.
- Fiscal challenges are mounting.
Structural reforms and implementation
- Delays were recorded in the implementation of structural reforms.
- The authorities have since taken corrective measures.
IMF staff position and recommendations
- Support for:
- augmentation of access equivalent to 13.6 percent of quota in 2017, and
- extension of the program through 2018.
Subject coverage and keywords (as listed)
- Subjects: 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.
Content in this bundle
- Country Report