01860cas a2200241 a 4500 AALejournalIMF013679 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484399972 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Mali : Request for Disbursement under the Rapid Credit Facility-Staff Report; Informational Annex; Staff Statement; Press Release on the Executive Board Approval; and Statement by the Executive Director for Mali. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (76 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The security and political crisis in Mali caused a sharp recession along with tax and external financing shortfalls. There has been a sharp expenditure cut and increased recourse to domestic financing, but the accumulation of arrears is prevalent. The first disbursement under the Rapid Credit Facility (RCF) of special drawing rights (SDR) 12 million in February has catalyzed about USD 508 million of budget support thus far. Resumption of donor support brightens the path to economic recovery, but there remain important financing gaps. Strengthening public financial management is essential for sustained macroeconomic and fiscal stability. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2013/168 Full text available on IMF http://elibrary.imf.org/view/journals/002/2013/168/002.2013.issue-168-en.xml IMF e-Library