## Mali: Staff Report for the 2003 Article IV Consultation

_IMF Staff Country Reports, January 12, 2004_

## Source details

**Canonical URL:** [Mali: Staff Report for the 2003 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/30/mali-staff-report-for-the-2003-article-iv-consultation-17123)

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## Bibliographic details
- Published: January 12, 2004
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451826302.002

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### Summary overview
- 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.
- Executive Directors 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.

### Major themes and policy implications
- Macroeconomic stabilization
  - Reforms under ESAF and PRGF contributed to macroeconomic stabilization.
- Poverty reduction and structural reform
  - Progress noted on poverty reduction and structural changes in the economy.
- Financial sector and governance
  - Priority areas for further action: strengthen fiscal performance and the finance system.
- Anti-Money Laundering and Combating Financing of Terrorism
  - Need to enhance the effectiveness of the AML/CFT regime.

### Subject coverage and keywords
- Subject: Agricultural commodities, Asset and liability management, Commodities, Credit, Debt relief, Expenditure, Exports, International trade, National accounts
- Keywords: Agricultural commodities, authority, broad money, CFA franc, CR, debt relief, Debt relief, Exports, fund, IMF's assessment, ISCR, Malian authorities, net present value, real GDP, West Africa

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/30/mali-staff-report-for-the-2003-article-iv-consultation-17123_
