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Finance: the IMF signs an agreement with Mali

01/05/2024
Source : ORISHAS-FINANCE
Categories: Economy/Forex

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In order to import food and provide liquidity for money transfers, the "serif"> Fund my International minister ( FMI ) announced on Tuesday the signing of an agreement with the Malian authorities

.

L' accord entre le FMI et le Mali permettra to provide 120 million dollars in emergency funds to the country of the Sahel. This assistance comes within the framework of the Window for Exogenous Shocks of FMI , which allows it to quickly grant financing to states whose economies are particularly affected by global shocks. But the Malian economy has taken advantage of the rise in prices of raw materials, especially cotton and gold, seeing its GDP grow by 4.4% last year, with inflation falling to 2.1%, against 9.7%

in 2022.
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