Hidden Bibliographic Details
| Other authors / contributors: | International Monetary Fund.
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| ISBN: | 1280882662
9781280882661
1455238929
9781455238927
1452732272
9781452732275
1451884648
9781451884647
9786613723970
6613723975
9781451826531
1451826532
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| Notes: | Cover title.
"August 2009."
English.
Print version record.
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| Summary: | 1. Mali's fifth PRGF arrangement was approved in the context of the 2008 food and fuel crisis. Previous arrangements had sought to strengthen the country's public finances and support a broad range of structural reforms. Considerable progress was made: the tax-to-GDP ratio rose from 9.2 percent in 1995 to 14.2 percent in 2007, with public financial management capacity improving apace, and the basic fiscal balance has seldom been far from its zero target. Many public enterprises were shifted to private ownership, and advances were made in social security reform and other areas. Yet poverty remains high, and progress toward the Millennium Development Goals is slow. The 2008 PRGF program aims to support the government's efforts to achieve higher rates of growth and reduce poverty in a stable macroeconomic context. The program therefore supports prudent macroeconomic policies and a strengthening of structural reforms to reduce Mali's vulnerability to external and climatic shocks.
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| Other form: | Print version: Mali. Washington, D.C. : International Monetary Fund, ©2009
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