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,…