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Mali - Supplementary Loan for the Growth and Poverty Reduction Strategy Support Programme (GPRSSP) - Project Completion Report
The GPRSSP was designed to support Mali in implementing Government’s development programme, i.e. the Growth and Poverty Reduction Strategic Framework (GPRSF) for the period 2007-2011. The Bank used a rapid-disbursement operation to support the implementation of this programme, the financing of which required strong support from TFPs. The macro economic guidelines projected average annual financing requirements of about CFAF 129.3 billion. Under the GPRSSP, the Bank provided financial support in the form of an ADF loan amounting to UA 33 million. The programme also fell within the context of support to countries to cope with the impact of the global food crisis and soaring oil prices. Although the GPRSSP is the first budget support operation for Mali, the Bank had the advantage of ten years of experience in rapid-disbursement operations with Mali through four (4) Structural Adjustment Programmes between 1997 and 2007.