Mali: Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Extension of the Arrangement and Rephasing of Disbursement—Staff Report; Joint IDA/IMF Debt Sustainability Analysis; Informational Annex; Staff Stat
Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Extension of the Arrangement and Rephasing of Disbursement—Staff Report; Joint IDA/IMF Debt Sustainability Analysis; Informational Annex; Staff Statement; Statement by the Executive Director for Mali; and Press Release on the Executive Board Discussion
Volume/Issue:
Volume 2011
Issue 037
Publication date: February 2011
ISBN: 9781455216697
$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 , Taxation - General , ISCR , CR , debt , draft budget , budget application software , consumer price inflation , financing , staff appraisal , VAT credit , Credit , Fiscal stance , Debt sustainability analysis , West Africa , Global
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Summary
As a result of the Enhanced Highly Indebted Poor Countries (HIPC) Initiative and the Multilateral Debt Relief Initiative (MDRI), Mali’s stock of external debt has declined significantly. The central feature of Mali’s medium- and long-term macroeconomic outlook is the steady decline of annual gold production expected to be picked up only in part by other exports. Under baseline assumptions, all external debt and debt-service ratios remain below the policy-dependent thresholds throughout the projection period. Fiscal policy continues to be cautious.
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