Publication:
Mali - Economic Policy and Public Finance Management Credit

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dc.contributor.authorMastri, Lawrence
dc.date.accessioned2012-08-13T08:54:34Z
dc.date.available2012-08-13T08:54:34Z
dc.date.issued2008-01
dc.description.abstractThe Economic Policy and Public Finance Management Credit (EPPFMC) was part of the Country Assistance Strategies (CAS) base case lending scenario of budget support operations. The thematic coverage of the EPPFMC focused on policy and institutional issues in macro, public finance, and selected sector areas. It complemented self-standing sector investment operations covering health, education, rural infrastructure, agricultural competitiveness, support to growth, and transport corridors. The EPPFMC aimed to: (i) promote growth and poverty reduction through (a) strengthening macroeconomic and fiscal management and (b) implementing key actions underpinning Mali's long-term growth and competitiveness; and, (ii) improve efficiency, accountability, and transparency in public finance management through strengthening (a) public expenditure management at central and decentralized levels and (b) the public procurement system. Some of the lessons are as follows: (a) The operation demonstrated the merits of including in Mali's policy-based lending operations, policy and institutional reform measures complementary to and supportive of ongoing sector operations. (b) For a country such as Mali, with weak institutional and administrative capacities, it is important to be realistic on what can be achieved, and be selective on which issues are undertaken within a short timeframe. This lesson was adhered to in the EPPFMC. (c) Policy measures should be better matched to the objectives sought. In the Mali cotton case, although the cotton reform actions were and continue being implemented, the cotton sector remains in a precarious financial situation due not only to weak management but also to (a) stagnant or adverse international cotton prices and (b) an appreciating currency, resulting in lower local-currency denominated revenues on marketed cotton.en
dc.identifierhttp://documents.worldbank.org/curated/en/2008/01/9085546/mali-economic-policy-public-finance-management-credit
dc.identifier.doi10.1596/9541
dc.identifier.urihttps://hdl.handle.net/10986/9541
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesAfrica Region Findings & Good Practice Infobriefs; No. 144
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectADMINISTRATIVE CAPACITIES
dc.subjectAGRICULTURAL PRODUCTS
dc.subjectARTISANS
dc.subjectCOMPETITIVENESS
dc.subjectCURRENCY
dc.subjectCUSTOMS
dc.subjectCUSTOMS CLEARANCE
dc.subjectDEFICITS
dc.subjectDEPOSIT
dc.subjectE-MAIL
dc.subjectECONOMIC POLICY
dc.subjectEXPENDITURE
dc.subjectEXPORT MARKETS
dc.subjectEXPORT PERFORMANCE
dc.subjectEXPORT PROMOTION
dc.subjectFARMER
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SITUATION
dc.subjectFISCAL MANAGEMENT
dc.subjectHANDICRAFT
dc.subjectHIGH TRANSPORTATION
dc.subjectINFORMATION SYSTEM
dc.subjectINSTITUTIONAL REFORM
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL MARKET
dc.subjectMARKET DEVELOPMENTS
dc.subjectMICRO-FINANCE
dc.subjectMICROFINANCE
dc.subjectMICROFINANCE INSTITUTIONS
dc.subjectPRICE MECHANISM
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATE SECTOR DEVELOPMENT
dc.subjectPRIVATE SECTOR FINANCING
dc.subjectPRIVATIZATION
dc.subjectPROCUREMENT
dc.subjectPROMOTION ACTIVITIES
dc.subjectPROMOTION ACTIVITY
dc.subjectPROTOCOL
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC FINANCE
dc.subjectRESULTS
dc.subjectRESUME
dc.subjectROAD
dc.subjectROAD TRANSPORT
dc.subjectRURAL INFRASTRUCTURE
dc.subjectTAX
dc.subjectTRADE FACILITATION
dc.subjectTRANSIT
dc.subjectTRANSPARENCY
dc.subjectTRANSPORT
dc.subjectTRANSPORT CORRIDORS
dc.titleMali - Economic Policy and Public Finance Management Crediten
dspace.entity.typePublication
okr.date.disclosure2008-03-18
okr.date.doiregistration2025-04-29T09:30:33.749837Z
okr.doctypePublications & Research::Brief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2008/01/9085546/mali-economic-policy-public-finance-management-credit
okr.globalpracticeTransport and ICT
okr.globalpracticeFinance and Markets
okr.globalpracticeTransport and ICT
okr.globalpracticeTrade and Competitiveness
okr.guid457791468281964962
okr.identifier.externaldocumentum000333038_20080318042207
okr.identifier.internaldocumentum9085546
okr.identifier.report42941
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2008/03/18/000333038_20080318042207/Rendered/PDF/429410BRI0infob1440Box32733101PUBLIC1.pdfen
okr.region.administrativeAfrica
okr.region.countryMali
okr.topicPrivate Sector Development::E-Business
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicTransport Economics Policy and Planning
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicTransport
okr.unitAFT: Development Effectiveness (AFTDE)
okr.volume1 of 1
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