(Ecofin Agency) - World Bank has decided to multiply the volume of its financial support to Mali by six this year. The country will thus be provided $250 million of which an important part will be dedicated to the energy sector’s restructuration.

This was decided at the end of a meeting on the sidelines of the 2019 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington.

During the meeting, a delegation led by the country’s minister of finance Dr Boubou Cissé (photo) met with World Bank officials. They discussed the implementation and monitoring of sectoral reforms elaborated by the government in the framework of the general budget support.  

According to a communique published by Mali’s ministry of finance, “the two parties have decided to consolidate ongoing reforms in the energy sector and improve the agriculture inputs’ subvention programme, the human capital as well as land administration.”  

“New reforms should be initiated in the public finance, governance, health and education sectors,” the communiqué adds.  

Zeinab Dosso (intern)