|Approval Date||22 Jul 2020|
|Planned Completion Date||31 Jul 2021|
|Last Disbursement Planned Date||31 Jul 2021|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||15124|
The proposed intervention concerns the Mali component of the COVID-19 Crisis Response Programme in the G5 Sahel Countries (PARC COVID-19 – G5 SAHEL). This is a loan and award a grant to the G5 Sahel countries (Burkina Faso, Mali, Mauritania, Niger and Chad) of UA 118.9 million and UA 89.6 million respectively from the COVID-19 Rapid Response Facility. It will be implemented over 12 months from July 2020. The Programme was appraised in April 2020 following requests to the Bank by the countries. The first COVID-19 case in Mali was reported on 25 March 2020 and by 5 June 2020, the total number of cases stood at 1,461. To contain the spread of the COVID-19 pandemic, Mali took several preventive and protection measures including (i) the closure of all land borders, (ii) the suspension of commercial flights from COVID-19-affected countries until further notice, except for cargo flights, (iii) the temporary closure of public, private and denominational schools (nursery, primary, secondary and tertiary) and (iv) the ban, till further notice, of social, sports and political gatherings of over 50 persons. These measures caused a slump in economic demand and supply, leading to an abrupt and widespread economic slowdown. This Programme complements the other budget support operations, particularly the Multinational Coronavirus Pandemic Control Support Project for G5 member countries approved on 9 June 2020, aimed at providing the region with adequate operational capacities to combat the pandemic. More specifically, the programme will contribute to the financing of response plans through the budget support it will provide. It will also support measures aimed at improving the financial management of the response plans and mitigating the health, social and economic-related impacts.
The programme’s global objective is to help to mitigate the impact of the COVID-19 pandemic in Mali. It aims specifically to (i) build health capacity to fight against COVID-19, (ii) mitigate the impact of COVID-19 on vulnerable persons and (iii) mitigate the economic impact of COVID-19.
The whole population of Mali will benefit from this programme since it will help to mitigate the health and socio-economic impacts of the COVID-19 pandemic on the population and reduce the economic shock on enterprises hit by the economic downturn induced by the pandemic. Thanks to the programme, the capacity of Mali’s public administration will be built to marshal the health response, protect the most vulnerable segments of the population and support economic activity. All these elements will help to build the resilience and inclusive character of the Malian economy.
African Development Fund
Fragile States Facility
MINISTERE DE L'ECONOMIE ET DES FINANCES
|Last Update||28 Oct 2020|
|Name||LAKOUE DERANT Regis|