Foreign_aid_to_Mali

Foreign aid to Mali

Foreign aid to Mali

Add article description

Mali is heavily dependent upon foreign aid and is a major recipient of both multilateral and bilateral aid.

Aid donors

Multilateral donors include the International Monetary Fund, World Bank, African Development Bank, Arab Funds, and European Union.[1] Bilateral donors include France, the United States, Canada, the Netherlands, the People's Republic of China, India, and Germany.[1][2]

Extent of aid

Foreign aid was estimated at US$596.4 million in 2001.[1] In 2003 U.S. aid totaled US$44.2 million.[1] As economic reforms progress, the government is hoping to move from budgetary and balance of payments assistance to social development aid.[1] India extended an aid of $100 million in 2012 to set up power and other social infrastructure in the country.[2]

References

  1. [1]
    "Country Profile: Mali" (PDF). Federal Research Division, Library of Congress. January 2005. Retrieved November 5, 2020. Public Domain This article incorporates text from this source, which is in the public domain.{{cite web}}: CS1 maint: postscript (link)
  2. [2]
    "India extends $100 million line of credit to Mali". The Hindu. PTI. 2012-01-11. ISSN 0971-751X. Retrieved 2021-08-31.
Share this article:

This article uses material from the Wikipedia article Foreign_aid_to_Mali, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.