Mali : : First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Waiver of Performance Criteria, and Request for Modification of Performance Criteria

• Record Nr.: UNINA9910813778403321
• Pubbl/distr/stampa: Washington, D.C. : , : International Monetary Fund, , 2014
• ISBN: 1-4983-9301-2; 1-4755-3163-X
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (112 pages) : illustrations (chiefly color)
• Collana: IMF Staff Country Reports
• Disciplina: 332.152
• Soggetti: Monetary policy - Mali; Economic assistance - Political aspects - Mali; Budgeting; Exports and Imports; Macroeconomics; Public Finance; Statistics; International Lending and Debt Problems; Taxation, Subsidies, and Revenue: General; National Government Expenditures and Related Policies: General; Debt; Debt Management; Sovereign Debt; Fiscal Policy; Public finance & taxation; International economics; Budgeting & financial management; Econometrics & economic statistics; Revenue administration; External debt; Public and publicly-guaranteed external debt; Public debt; Public financial management (PFM); Debts, External; Revenue; Debts, Public; Fiscal policy; Finance, Public; Mali Economic policy; Mali Economic conditions; Mali
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Bibliographic Level Mode of Issuance: Monograph
• Nota di contenuto: Cover -- CONTENTS -- BACKGROUND, RECENT DEVELOPMENTS, AND OUTLOOK -- BUILDING FOUNDATIONS FOR STRONG AND INCLUSIVE GROWTH -- A. Fiscal Policy in Support of Macroeconomic Stability and the Growth Enhancing and Poverty Reduction Strategies -- B. Strengthening Public Financial Management -- C. Improving the Business Environment to Foster Private Sector Development -- PROGRAM MODALITIES AND RISKS -- STAFF APPRAISAL -- FIGURES -- 1. Macroeconomic Developments and Outlook, 2011-17 -- 2. Developments in the Electricity Sector, 2004-13 -- TABLES -- 1. Selected Economic and Financial Indicators, 2011-17 -- 2. National Accounts, 2011-17 -- 3. Central Government Consolidated Financial Operations 2011-17 (CFAF Billions) -- 4. Central Government Consolidated Financial Operations, 2014 -- 5. Central Government Consolidated Financial Operations, 2011-17 (Percent of GDP) -- 6. Central Government Operations, GFSM 2001 Classification, 2011-17 -- 7. Balance of Payments, 2011-17 -- 8. Monetary Survey, 2011-17 -- 9. Financial Soundness Indicators for the Banking Sector, 2008-13 -- 10. Schedule of Disbursements Under the ECF Arrangement, 2013-16 -- 11. Indicators of Capacity to Repay the Fund, 2013-22 -- 12. Millennium Development Goals, 1990-2011 -- APPENDIX -- I. Letter of Intent -- Attachment I-Memorandum on Economic and Financial Policies -- Attachment II-Technical Memorandum of Understanding -- CONTENTS -- RELATIONS WITH THE FUND -- JOINT MANAGEMENT ACTION PLAN IMPLEMENTATION -- STATISTICAL ISSUES.
• Sommario/riassunto: This paper discusses Mali’s First and Second Reviews Under the Extended Credit Facility 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.