Mali: Technical Assistance Report-Public Investment Management Assessment

IMF Staff Country Reports, May 8, 2018

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Canonical URL: Mali: Technical Assistance Report-Public Investment Management Assessment

This Technical Assistance Report assesses the state of public investment management in Mali.
Institutional strength of the public investment management framework is described as good compared with peer countries.
The assessment covers 15 institutions (or components) of the framework.
Publication date: May 8, 2018.

The assessment of the 15 institutions (or components) of the framework shows generally good scores, at or above average levels for low-income countries in almost all components.
Four exceptions to good practices are identified:
- (1) the institutional framework for public private partnerships is incomplete;
- (2) there is scope for improvement in accounting and valuation of assets;
- (3) availability of financing for investments suffers from poor commitment management and cash flow projections;
- (4) project assessment is not systematic or comprehensive.

The deviations from good practices noted above are being corrected with the implementation of the new legal framework.

Subjects: Budget planning and preparation; Capital spending; Expenditure; Public financial management (PFM); Public investment and public-private partnerships (PPP); Public investment spending.
Keywords include: Budget planning and preparation; Capital spending; central government; CR; fiscal year; fixed capital capital formation; investment funds; investment plan; ISCR; local government; management assessment framework; management framework; plan project database; PPP budget risk; project database; protection mechanism; public investment; Public investment and public-private partnerships (PPP); Public investment spending; Sub-Saharan Africa; West Africa.

Source: Mali: Technical Assistance Report-Public Investment Management Assessment (May 8, 2018), International Monetary Fund.