ML-SAC 4 (FY05) [44000-P083272]

Description

The Structural Adjustment Credit (SAC-IV) for Mali aims at: (i) contributing to broad-based growth and poverty reduction by strengthening fiscal policy and financial sector underpinnings of stable, long-run growth. Fiscal policy will be strengthened, inter alia, by developing medium-term expenditure policy consistent with poverty reduction objectives; strengthening the link between the Poverty Reduction Strategy Paper (PRSP) and the budget; and limiting budget transfers to parastatal enterprises. Financial sector reform will be advanced by taking steps towards strengthening of the financial system, and limiting the risk of bank insolvency; (ii) improving efficiency, accountability, and transparency in public expenditure management. This will be achieved by strengthening budget preparation, execution, and controls, increasing transparency and disclosure including at decentralized levels, and helping ensure better monitoring of and access to basic services by the poor.

Financement

Statut - Achevé

Secteurs

Organisations

Pays bénéficiaires

MALI