Monday, January 2, 2012

Mali Poverty Reduction and Strategy Paper-2010 Progress Report

IMF.The incidence of poverty (measured as the proportion of the population defined as poor) in Mali fell from 55.6 percent in 2001 to 47.4 percent in 2006 and to 43.6 percent in 2010 on the basis of a poverty threshold in real terms of CFA 165,431 in 2010. Thus, there was a 12 percentage point reduction in national poverty between 2001and 2010, and a 3.8 percentage point reduction between 2006 and 2010. 

Over the past decade, poverty has fallen in rural  areas (from 65 percent to 51 percent or 14 percentage points), in Bamako (from 18 percent to 10 percent or 8 percentage points), and in other urban areas (from 35 percent to 31 percent or 4 percentage points). However, it increased in Bamako and in other urban areas between 2006 and 2010.  

Structurally, poverty affects rural areas in particular: 91 percent of poor people live in rural areas. From 2001 to 2010, inequalities declined: the poorest 10 percent of the population increased their consumption by more than 40 percent while the consumption of the richest households remained stable. If inequalities had not decreased by 5.9 percent ("redistributive growth" effect), poverty would have fallen by only 6.0 percent ("growth" effect) instead of the 12 percent observed.

IMF.Published:December 28, 2011.Country Report No. 11/372

For information about Projects in Mali see Western Africa Projects