The IMF Country Reports Series covers economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with officials of the country, is published at the option of the member.
This Selected Issues paper and Statistical Appendix briefly surveys the progress achieved by Mali in the area of economic adjustment in the decade since 1988. This is followed by a discussion of the principal areas where the Malian government is considering the implementation of new reforms in the period ahead. The paper analyzes the financial sector in Mali. It highlights that in the late 1980s, the financial sector, in particular the banking system, faced a major liquidity and solvency crisis characterized by a high level of nonperforming loans.