Mali is heavily dependent upon foreign aid and is a major recipient of both multilateral and bilateral aid.
Aid donors
editMultilateral 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
editForeign 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
edit- ^ a b c d e "Country Profile: Mali" (PDF). Federal Research Division, Library of Congress. January 2005. Retrieved November 5, 2020.
This article incorporates text from this source, which is in the public domain.{{cite web}}: CS1 maint: postscript (link) - ^ a b "India extends $100 million line of credit to Mali". The Hindu. PTI. 2012-01-11. ISSN 0971-751X. Retrieved 2021-08-31.