2. Project Brief
The study is on finding a creative way to unlock finance opportunities for
development in Burundi
The study explore the financing opportunities through the integration of the
international Development Association (IDA)
IDA aims to assist the poorest nations in growing more quickly, equitably &
sustainably to reduce poverty. This they achieve by providing affordable
development financing to countries whose credit risk is so prohibitive that
they cannot afford to borrow commercially
3. About Mali
The economy of Mali is based to a large extent upon agriculture, with a
mostly rural population engaged in subsistence agriculture
Mali is among the ten poorest nations of the world, and one of the 37 Heavily
Indebted Poor Countries (World Bank).
The per capita gross domestic product (GDP) of Mali was $820 in 1999 (IMF).
Mali's great potential wealth lies in mining and the production of agricultural
commodities, livestock, and fish
The Gross Domestic Product per capita in Mali was last recorded at 1111.65
US dollars in 2015 (IMF).
4. Why Mali Need finance for her Development
Mali is one of the poorest countries in sub-Saharan Africa, ranking 182 out of 186 on
the 2012 Human Development Index (HDI), 34 out of the 45 countries in sub-Saharan
Africa in terms of 2012 GDP purchasing power parity (PPP) per capita and has a
negative real GDP growth rate (World Bank).
Road maintenance in Mali remains inadequately funded
Despite improvements, Mali’s Internet market lags behind West African peers.
Mali’s power and water utilities burden of inefficiency
5. How to Finance Development in Mali
Mobilization of domestic resources for development
Tax administration Reform to increase tax base
Harnessing of mineral resource for domestic resources
Catalysing Private Investment
Public sector should lead the front infrastructure investment by good creating investment
atmosphere
Design a Public Private Partnership (PPP) framework to facilitate development projects
Structuring of bond and securities to attract fund from private sector
Institutional investment.
Establish Mali National Development Bank in conjuction with ODA to provide
microfinance fund at low interest rate for development projects and SMSE
