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Economy / Mali

Mali

May 2007 | Market Strategy
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Mali's economic growth continues to perform strongly, bolstered by the country's political stability and efforts to diversify its economy. GDP expanded by 4.6% in 2006. Although this marked a slowdown from the 6.1% growth recorded in the previous year, the 2005 figure was largely a statistical rebound from the below average growth of 2.4% recorded in 2004. As such, we expect economic growth to accelerate in 2007, with a year-end target of 5.6% growth. This will result in a slight tick-up in inflation, to 2.6% at end-2007 from 1.9% in 2006. However, this figure remains low on a regional basis,