Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Staff Reaches Staff-Level Agreement with Mali on Rapid Credit Facility and Completes 2024 Article IV Mission

Discussions focused on the economic outlook, macroeconomic policies and possible responses to the urgent balance of payments (BOP) needs

IMF staff and the Malian authorities have reached a staff-level agreement on emergency financing through the Exogenous Shock Window of the IMF’s Rapid Credit Facility (RCF). IMF staff also completes the 2024 Article IV mission; Mali’s economy has been hit by multiple exogenous shocks recently, including Russia’s war in Ukraine,…

Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Staff Completes 2023 Article IV Mission to Mali

The acute security challenges facing the country are ongoing, with a direct impact on food insecurity

An International Monetary Fund (IMF) team, led by Ms. Wenjie Chen, conducted discussions virtually on the 2023 Article IV consultation with Mali from March 6 to March 17, 2023. The mission held constructive discussions with a broad range of counterparts including the government and private sector to exchange views on…

Source: International Monetary Fund (IMF) |

Mali: International Monetary Fund (IMF) Executive Board extends Immediate Debt Service Relief for another Six Months

Relief on debt service will free up scarce financial resources to continue strengthening the country’s medical care capacity and addressing the social and economic fallout from the COVID-19

On October 30, 2020, the Executive Board of the International Monetary Fund (IMF) approved a second six-month tranche of debt service relief for Mali under the Catastrophe Containment and Relief Trust (CCRT) without a meeting; the relief on debt service will free up scarce financial resources to continue strengthening the…

Source: International Monetary Fund (IMF) |

Coronavirus - Mali: IMF Executive Board Approves a US$200 Million Disbursement to Mali to Address the COVID-19 Pandemic

This assistance will help support urgent spending on health services and assistance to affected firms and households, while preserving overall social spending

The IMF approved a disbursement of US$200 million under the Rapid Credit Facility to help Mali meet urgent balance-of-payments and fiscal needs stemming from the COVID-19 pandemic; This assistance will help support urgent spending on health services and assistance to affected firms and households, while preserving overall social spending; The…