Hon Konimba Sidibe Minister of Investment Promotion and Private Sector

Economic Outlook & Financial Sector Development Konimba Sidibé Minister of Investmement promotion and Private Sector

A dynamic economy Favorable macroeconomic indicators Growth driven by the primary (+ 7,6 %) and tertiary (+ 7,4 ) sectors in * Taux de croissance 7%7% 6%6% 5,3 % Inflation + 0,9 %+ 1,5 %+1%+1% Solde Balance des Paiements (F.CFA) Mds- 87,1 Mds - 24,5 Mds

The economic recovery is clearly defined The economic recovery programme is supported by the Technical and Financial Partners with more than 6 billions USD

Promoting Private Sector and the Investment are listed among the top priorities of the Gov of Mali Incentive framework: Investment code, Mining and Oil & Gas Code Attractive Tax System One Stop Shop Priority sectors: Agriculture Energy Infrastructure Mining Development of Public – Private Partnership (PPP)

The business environment is improving Security situation Legal environment Environmental et social impact of projects Access to finance for SMEs

The Financial System’s contribution to the financing of the economy

A financial system under development 15 banks and financial institutions 7,7 Mds USD of total asset Good profitability with 122 million USD 127 SFD (microfinance institutions) 2015 data

Financial sector contribution to the economy fiancing remains limited… Long term loan for investment projects are low / Short terme lorans: 76,4 %) Poor financing of the SMEs

…but initiatives are being undertaken in order to correct this situation International best practices (Bâle II/III, Normes IAS/IFRS) Streamlining the prudential framework Promoting alternative financing mechanisms to bank credit (leasing, islamic finance) Setting up garantee funds to support the financing granted

Thank you for your kind attention!