Mali: Fifth Review Under the Extended Credit Facility and Request for Extension, Augmentation of Access and Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Mali
IMF Staff Country Reports, June 13, 2016
Source details
- Canonical URL
- Mali: Fifth Review Under the Extended Credit Facility and Request for Extension, Augmentation of Access and Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Mali
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Bibliographic details
- Published: June 13, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484386736.002
Summary and purpose
- Provides a review of Mali’s economic performance under the Extended Credit Facility (ECF) and requests for extension, augmentation of access, and modification of performance criteria.
- The authorities are requesting a one-year extension of the current ECF arrangement, to December 2017.
Political context
- The political situation has continued to stabilize, following the signing of the peace agreement in June 2015.
Macroeconomic performance (2015)
- The recovery continued in 2015, with strong GDP growth, low inflation, and strengthening of the fiscal position.
- Overall, program implementation in 2015 was strong.
- All performance criteria and indicative targets for the fifth review were observed, generally with significant margins.
Program requests and adjustments
- Request for a one-year extension of the ECF arrangement to December 2017.
- Request includes augmentation of access and modification of performance criteria.
Subjects and keywords
- Subject: Credit, Expenditure, Fiscal policy, Fiscal stance, Money, Public debt, Revenue administration
- Keywords: CR, Credit, disbursement of SDR, ECF arrangement, Executive Board's discussion, Fiscal stance, Global, government chart, government property administration, ISCR, Maghreb
Source: IMF Staff Country Report — Mali: Fifth Review Under the Extended Credit Facility and Request for Extension, Augmentation of Access and Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Mali