Economy

The International Monetary Fund resumes financial assistance to Mali

Washington (INA) – The International Monetary Fund announced that it has resumed financial aid to Mali after it was frozen for six months due to financial irregularities, including the purchase of a presidential plane for 11.7 million dollars, according to Agence France-Presse. The fund said in a statement that it had agreed to repay $2013 million in loans to Mali as part of an assistance plan granted in December 46 to address the political and military crisis in the north of this country. Accordingly, Bamako obtained a line of credit worth 5.8 million dollars, but the fund stopped paying these funds last May after monitoring serious abuses in the management of public finances in Mali, especially the purchase by the head of state of a presidential plane without soliciting bids and in a process that was not included in the budget. . The IMF expects economic growth of XNUMX percent this year in Mali, where half of the population lives below the poverty line. (I finish)

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