IMF backs Mali reforms despite insecurity and debt risks

• IMF says Mali stays on reform path despite shocks
• Economists warn debt and public trust remain fragile

BAMAKO, MALI – Despite deep insecurity and political strain, Mali is pressing ahead with economic reforms under an IMF-backed programme, though economists warn debt risks and public distrust could derail progress.

An International Monetary Fund review has concluded that Mali is broadly staying the course with its reform agenda, even as conflict, diplomatic tensions and fragile governance continue to batter the economy. The findings came from the first review of a follow-up programme led virtually by Wenjie Chen of the International Monetary Fund.