Mali:Request for Modification of Criteria Under the Extended Credit Facility-Staff Report

Request for Modification of Criteria Under the Extended Credit Facility-Staff Report

Volume/Issue: Volume 2021 Issue 040

Publication date: February 2021

ISBN: 9781513569093

$18.00

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Money and Monetary Policy , International - Economics ,

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Summary

This staff report proposes the modification of the performance criteria for end-December 2020 for the economic program supported by the three-year Extended Credit Facility (ECF) arrangement that was approved by the Executive Board on August 28, 2019. The modifications aim to accommodate the needed response to combat the COVID-19 pandemic and to adjust the end-December 2020 targets to take account of the impact of the pandemic shock.