Recent economic developments in Mali : Mali - Recent economic developments

FIL E P-APy DOCUMENT OF INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT *iT'flflfltlA yrWnbA A T Tf in % ST'LT'fl A eCl n l.T A 'ITSSTf% INTI ERINAT IONIAL uL' v LLOPMEN I ASSOCIAT i ION Nmot For- Publ- C U RePort No. 233a-MLI RECENT ECONOMIC DEVELOPMENTS IN MALI September 5, 1973 Western Africa Department This report was prepared for official use only by the Bank Group. It may not be published, quoted or cited without Bank Groun authorization. The Bank Group does not accent resoonsibility for the accuracy or completeness of the report.  EQUIVALENTS CURRENCY Before May 4, 1967: MF 246.85 = us$1.00 MF 1 = CFAF1.00 May 4, 1967 - August 10, 1969: MF h93.71 = US$1.00 MF 1 = CFAFO.50 August 11, 1969 - August 14, 1971: MF-555.42 = US$1.00 -F 1 = CFAFO.50 December 20, 1971 - February 13, 1973: 1'T 511.57 = US$1.00 MF 1 = CFAFO.50 From February 26, 1973: MF L60.41 = US$1.00 ME. 1 = CFAF0.50 WEIGHTS Unless otherwise stated, tons in this report refer to metric tons.  KMUMT MUAUD1LC LOLVIL'DUMAM' IN MALI TABLE OF CONTENTS Page No. COUNTRY DATA MAPS SUMMARY AND CONCLUSIONS ............................ i- I. BACKGROUND ........................................ II. RECENT ECONOMIC DEVELOPMENTS .......................2 Investment and Growth ......................... 3 External Assistance ........................... 4 Balance of Payments ............................ 7 Public Finance ................................ 8 Money, Credit and Prices ...... .................. 9 III. ECONOMIC POLICY AND PLANNING ....................... 12 Development Possibilities, Priorities and Constraints ................................. 14 The Next Five-Year Plan .. ..................... 16 External Debt and Assistance ................. . 16 IV. PROSPECTS ....................... .................... 17 STATISTICAL APPENDIX This report is based on the findings of a mission consisting of Messrs. Godwin E. Okurume and Pet'er Streng who visited Mali in January/February 1973, and further discuss!ions with the Malian.Government in July 1973.   CO0U NT RY D AT A AREA: 1.240.00O k,o2 POPULATION, 5.14 million i,uid-1971) I/ DENSITY: 4.1 par km 2 Rate of Growth: 2.0% (1967-1971)433prb frbI lud2 POPULATEOB CHARACTERISTICS (1967-1971) HEALTH (19681 Crude Birth Rate (par 1;0001 6 P0-6tOnoa Ph-oi.iO 56.520 V1 Crude DSeat RAts (par 1,0005 30-40 Population par Hospital Red 1,570 Infant Mortality (par 1,000 live births) 120 Arrvq .1W,ACCESSropenU