Mali: Request for Disbursement Under the Rapid Credit Facility and Request for a Staff-Monitored Program-Press Release; Staff Report; and Statement by the Executive Director for Mali

Mali

WASHINGTON, 09 May 2025 / PRN Africa / -- Summary

Following an unprecedented heatwave in April 2024, Mali experienced extreme flooding of a one-in-fifty-year magnitude between July and November 2024. This caused significant damage to public infrastructure and loss of livelihoods, exacerbating already-elevated food insecurity and internal displacement of people against a backdrop of ongoing conflict, a continued electricity supply crisis and heightened policy uncertainty.

SOURCE International Monetary Fund (IMF)