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River Niger in Mali

River Niger in Mali, Photograph by Ferdinand Reus

Mali Resident Representative Site

Resident Representative Office in Mali

This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Mali and the IMF. Additional information can be found on Mali and IMF country page, including official IMF reports and Executive Board documents in English and French that deal with Mali.

News — Highlights

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More Trade Within Africa Offers Route to Faster Growth

Increased intraregional trade and greater investment in infrastructure offer the countries of Africa direct routes to faster economic growth, African finance ministers said. click for more

L’impact de la crise financière mondiale sur l’Afrique subsaharienne

Perspectives économiques régionales click for more

The Implications of the Global Financial Crisis for Low-Income Countries

The global financial crisis is expected to have a major impact on low-income countries (LICs), especially in sub-Saharan Africa—and urgent action is required by LIC policymakers and the international community. The crisis is projected to increase the financing needs of LICs by at least US$25 billion in 2009, and much larger needs are possible click for more

The Balance of Payments Impact of the Food and Fuel Price Shocks on Low-Income African Countries: A Country-by-Country Assessment

This note discusses the implications of the price shocks for the balance of payments of low-income countries in sub-Saharan Africa click for more

Mali and The IMF

Building Resilience in Sub-Saharan Africa's Fragile States

June 25, 2015
Author/Editor: E. Gelbard ; Corinne Deléchat ; Ejona Fuli ; Mumtaz Hussain ; Ulrich Jacoby ; Dafina Mulaj ; Marco Pani ; Gustavo Ramirez ; Rui Xu
Series: African Departmental Paper No. 15/5
 click for more

Mali: Third Review Under the Extended Credit Facility Arrangement, Request for Waiver of Performance Criteria, and Request for Modification of Performance Criteria - Press Release; and Staff Report

June 16, 2015
Series: Country Report No. 15/151
Notes:
Also available in French click for more

Press Release: IMF Executive Board Completes Third Review under the ECF Arrangement for Mali and Approves US$5.6 Million Disbursement

June 11, 2015

Mali -- Letter of Intent, Memorandum of Economic and Financial Policies,and Technical Memorandum of Understanding, May 22, 2015

May 22, 2015
Also available in French PDF File Size: 791Kb click for more

Press Release: West AFRITAC Steering Committee Hails Increased Assistance to Member Countries

May 4, 2015

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Regional Highlights

image from the publication cover

Sub-Saharan Africa's economy is set to register another year of solid growth, although the expansion will be at the lower end of the range registered in recent years, mainly reflecting the severe impact of the sharp decline in oil prices on the region's oil exporters. In a context of tightening global financial conditions, the large fiscal and current account deficits that prevail in some countries could leave them vulnerable to a potential reduction in external financing. An uneven global recovery and domestic security-related challenges are also risks to the outlook. Against this backdrop, and beyond the immediate effects of the current shock, further progress toward diversification and structural transformation remains crucial to sustain high and inclusive growth, generate jobs for the rapidly growing young population, and foster integration into global value chains. Click for more



Building Resilience in Sub-Saharan Africa's Fragile States

Building Resilience in Sub-Saharan Africa's Fragile States

Fragile states—states in which the government is unable to deliver basic services and security to the population—face severe and entrenched obstacles to economic and human development. While definitions of fragility and country circumstances differ, fragile states generally have a combination of weak and non-inclusive institutions, poor governance, low capacity, and constraints in pursuing a common national interest. As a result, these countries typically display an elevated risk of both political instability (including civil conflict), and economic instability (through a low level of public service provision, inadequate economic management, and difficulties to absorb or respond to shocks). Crises in such countries can also have significant adverse spillovers on other countries. In contrast, resilience can be defined as a condition where institutional strength, capacity, and social cohesion are sufficiently strong for the state to promote security and development and to respond effectively to shocks.

Pan-African Banking : Opportunities and Challenges for Cross-Border Oversight

Pan-African Banking : Opportunities and Challenges for Cross-Border Oversight

Pan-African banks are expanding rapidly across the continent, creating cross-border networks, and having a systemic presence in the banking sectors of many Sub-Saharan African countries. These banking groups are fostering financial development and economic integration, stimulating competition and efficiency, introducing product innovation and modern management and information systems, and bringing higher skills and expertise to host countries. At the same time, the rise of pan-African banks presents new challenges for regulators and supervisors. As networks expand, new channels for transmission of macro-financial risks and spillovers across home and host countries may emerge. To ensure that the gains from cross border banking are sustained and avoid raising financial stability risks, enhanced cross-border cooperation on regulatory and supervisory oversight is needed, in particular to support effective supervision on a consolidated basis. This paper takes stock of the development of pan-African banking groups; identifies regulatory, supervisory and resolution gaps; and suggests how the IMF can help the authorities address the related challenges.



IMF Opens Africa Training Institute in Mauritius

Africa Training Institute (ATI) Logo

The International Monetary Fund (IMF) on June 26, 2014 opened the Africa Training Institute (ATI) in Ebene, Mauritius, adding an important regional center to a global network of centers helping to develop countries' policymaking capacity by transferring economic skills and best practices.