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IMF Executive Board Concludes Second and Third Review Under Extended Credit Facility Arrangement for Mali


Date Time
IMF Executive Board Concludes Second and Third Review Under Extended Credit Facility Arrangement for Mali
The IMF Executive Board decision allows for an immediate disbursement of about US$57.6 million to Mali to help meet the country’s financing needs and support social spending and the post-pandemic recovery.
The ECF arrangement continues to support the government’s effort to mobilize revenues, improve management of public finances and strengthen governance.
A slower return to the regional deficit ceilings will support the economic recovery in the near term. Meanwhile, reforms will focus on addressing structural fiscal pressures to ensure a more sustainable, growth-friendly and pro-poor fiscal policy ....

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