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Despite the global financial and economic crisis, implementation of the governmenta€™s economic and financial program was broadly satisfactory. Growth was sustained, and the balance of payments improved markedly. The implementation of structural reforms with regard to state enterprises and the strengthening of public finances are progressing satisfactorily. Malia€™s exchange regime and real exchange rate remain broadly appropriate, and it is at low risk of debt distress. Mali is highly vulnerable to external shocks. The provision of data is broadly adequate for IMF surveillance.2010 Article IV Consultation, Fourth Review Under the Three-Year Arrangement Under the Extended Credit Facility, and Request for ... to the National Assembly, including legislation to reduce corporate taxes and introduce a land tax on developed and undeveloped property. ... we have effectively started in April 2010 the migration of our public spending management software to a new version ( PRED5).

Author:International Monetary Fund
Publisher:International Monetary Fund - 2010-07-30


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