IDEAS home Printed from https://ideas.repec.org/p/oec/devaaa/56-fr.html
   My bibliography  Save this paper

L'expérience de l'allégement de la dette au Mali

Author

Listed:
  • Jean-Claude Berthélemy

Abstract

Ce document présente les différentes mesures d'allégement de la dette dont le Mali a bénéficié dans les années récentes. L'accent est mis en particulier sur l'allégement obtenu au Club de Paris selon les termes de Toronto, dont le Mali à été le premier bénéficiaire, en octobre 1988. Cet allégement et la politique d'ajustement menée conjointement par le Mali ont connu un certain succès. Ils ont en effet conduit à un assainissement des finances publiques, marqué par la disparition, avant les évènement politiques du printemps 1991, de la totalité des arriérés de paiement extérieurs et intérieurs. L'ampleur des améliorations obtenues a été toutefois réduite par l'existence de quelques dettes vis-à-vis des membres du Club de Paris exclues de l'application des termes de Toronto, et surtout par la présence de très lourdes dettes bilatérales vis-à-vis de pays non-membres du Club de Paris (ex-URSS, Chine et pays arabes), avec lesquels les négociations de rééchelonnement sont beaucoup plus ... This paper presents the variety of debt relief measures from which Mali has benefited in recent years. Particular emphasis is placed on the 1988 measures accorded by the Paris Club under the Toronto terms, of which the country was the first beneficiary. This relief, and the adjustment policy which Mali formed with it, were relatively successful. Indeed, they led to a cleansing of public finances marked, before the political events of Spring 1991, by the total removal of both domestic and international arrears. The size of the improvement in the situation thus obtained, however, was reduced by the existence of debts with Paris Club members excluded from the Toronto terms and above all by heavy debts with non-Paris Club members (the ex-USSR, China and Arab countries). Debt held by multilateral institutions which was not eligible for rescheduling also represented a large financial burden. As a result, in a short time ...

Suggested Citation

  • Jean-Claude Berthélemy, 1992. "L'expérience de l'allégement de la dette au Mali," OECD Development Centre Working Papers 56, OECD Publishing.
  • Handle: RePEc:oec:devaaa:56-fr
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1787/546002114500
    Download Restriction: no

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oec:devaaa:56-fr. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: http://edirc.repec.org/data/dcoecfr.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.