Mali: Request for Disbursement Under the Rapid Credit Facility and Request for a Staff-Monitored Program-Press Release; Staff Report; and Statement by the Executive Director for Mali

IMF Staff Country Reports, May 9, 2025

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Mali: Request for Disbursement Under the Rapid Credit Facility and Request for a Staff-Monitored Program-Press Release; Staff Report; and Statement by the Executive Director for Mali

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Bibliographic details

• Published: May 9, 2025
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9798229009492.002

Context and Recent Developments

• Publication date: May 9, 2025
• Mali’s economy faces:
  • climate shocks amid security and humanitarian crisis
  • tight financing conditions and high borrowing costs
• Recent flooding:
  • damaged infrastructure and agriculture
  • disrupted services
  • worsened food insecurity
  • increased internal displacement

Rapid Credit Facility (RCF) Disbursement — Purpose and Intended Use

• The RCF disbursement is expected to help authorities address the urgent balance of payment needs resulting from the floods.
• Specific intended financing uses include:
  • financing imports for essential items
  • financing critical infrastructure
• The IMF emergency financing will help address urgent balance of payment needs from the floods.

Staff‑Monitored Program (SMP) — Scope, Duration, and Objectives

• Duration: 11-month SMP
• The SMP aims to:
  • reinforce macroeconomic stability
  • strengthen resilience
  • protect the vulnerable
  • improve governance
  • serve as an anchor for the government’s macroeconomic policy priorities

Fiscal Policy Guidance and Reform Priorities

• SMP envisages fiscal policy to ensure sustainability amid:
  • tight financing conditions
  • high borrowing costs
• Reforms include:
  • enhancing domestic revenue mobilization by broadening the tax base
  • strengthening revenue and customs administration

Thematic Focus and Keywords

• Subject areas: Debt sustainability, Debt sustainability analysis, External debt, Public debt, Revenue administration
• Keywords: Africa, common external tariff, Debt sustainability, Debt sustainability analysis, Global, IMF emergency financing, rate structure, RCF disbursement, WAEMU tariff reform, West Africa

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