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Mali: Third Review Under the Extended Credit Facility Arrangement, Request for Waiver of Performance Criteria, and Request for Modification of Performance Criteria - Press Release; and Staff Report
Summary:In spite of the implementation of measures to strengthen public financial management during the last quarter of 2014, the performance criteria (PC) for end-2014 relating to gross tax revenue and bank and market financing of the government were not met owing to administrative weaknesses at the customs administration and a conflict with importers. However, following the increase in oil product taxation and steps to implement results-based management at the tax and customs administration, tax revenue was back on track at end-March 2015.
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