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Mali

First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Waiver of Performance Criteria, and Request for Modification of Performance Criteria-Staff Report; Press Release; and Statement by the Executive Director for Mali

Mali by International Monetary Fund. African Dept.
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This paper discusses Mali's First and Second Reviews Under the Extended Credit Facility (ECF) Arrangement, Request for Waiver of Performance Criteria (PC), and Request for Modification of PC. Economic recovery is under way but remains fragile. The buildup of the large-scale donor support has been hampered by serious lapses in public financial management (PFM), which raised governance concerns. With remedial measures now in place to address the PFM weaknesses, the program remains on track. The authorities are requesting waivers for PC on tax revenue and nonconcessional borrowing. The IMF staff recommends conclusion of the first and second program reviews.
International Monetary Fund; December 2014
116 pages; ISBN 9781498356497
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Title: Mali
Author: International Monetary Fund. African Dept.