BAMAKO - The National Treasury Directorate of Mali has announced the launch of its 2024 public issuance calendar, with plans to mobilize 1443 billion FCFA. This financial initiative aims to address the country's budget deficit and facilitate the repayment of existing debts. The decision comes in the wake of the 2023 financial year, during which Mali succeeded in raising 1012 billion FCFA, a result that, despite the presence of bank fatigue and liquidity tensions, was described as satisfactory by the authorities. The budget deficit, standing at 4.4% of the country's Gross Domestic Product (GDP), is considered manageable by national standards, reflecting the government's efforts to navigate through its fiscal challenges.

According to Africa News Agency, the move is part of a broader strategy to ensure fiscal stability and economic growth, amidst the various challenges facing the country.