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
Volume/Issue:
Volume 2016
Issue 149
Publication date: June 2016
ISBN: 9781484386736
$18.00
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Topics covered in this book
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Exports and Imports , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , ISCR , CR , ECF arrangement , government property administration , disbursement of SDR , Executive Board's discussion , government chart , Credit , Fiscal stance , Global , Maghreb
Summary
This paper 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 political situation has continued to stabilize, following the signing of the peace agreement in June 2015. On the macroeconomic side, 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. The authorities are requesting a one-year extension of the current ECF arrangement, to December 2017.
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