Mali: Poverty Reduction and Strategy Paper-2009 Progress Report

Author: International Monetary Fund

Volume/Issue: Volume 2011 Issue 038

Publication date: February 2011

ISBN: 9781455217694

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Topics covered in this book

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Public Policy - Social Services and Welfare , Demography , Poverty and Homelessness , ISCR , CR , government , collection center , center , CPS education , meme compilation , State budget , primary sector , government financing mechanism , SEEUDME compilation , Poverty reduction , Poverty reduction strategy , Global , West Africa , Sub-Saharan Africa

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Summary

Poverty Reduction Strategy Papers (PRSPs) are prepared by the member country in broad consultation with stakeholders and development partners. Despite strong economic performance in recent years compared with Sub-Saharan African and WAEMU countries, Mali’s average annual growth rate of 4.6 percent is below the target of 7 percent provided in the PRSP. At end-2009, the situation in the banking and financial system was characterized by an increase in the money supply, an increase in net foreign assets, an increase in credit to the economy, and a decline in credit to the government.