Créer des marchés au Mali : Mobiliser le Secteur Privé pour une Relance et une Résilience Économiques

Mobilizing the Private Sector for Economic Resilience and Recovery

Despite a deteriorating security situation and the onset of the COVID-19 pandemic, economic growth in Mali has averaged 5 percent since 2014. This robust growth performance has largely been driven by rising commodity (mostly gold) exports and agricultural production ― and buoyed by high levels of remittances, foreign aid, and external borrowing to meet budgetary needs. A landlocked, low-income and fragile Sahelian country, Mali faces challenges related to a non-diversified economy, high poverty rates, regionalized conflicts and political volatility. Recent years have proven especially difficult, with two coups in 2020-21 which have exposed the country’s new transitional authorities to severe diplomatic, economic and financial sanctions. Notwithstanding this difficult context, Mali is endowed with a vibrant and resilient private sector that constitutes an untapped engine of growth and job creation for a strong post-COVID-19 recovery.