Report No.CPF0000057 INTERNATIONAL DEVELOPMENT ASSOCIATIONINTERNATIONAL FINANCE CORPORATIONMULTILATERAL INVESTMENT GUARANTEE AGENCY COUNTRY PARTNERSHIP FRAMEWORKFORTHE REPUBLIC OF MALIFOR THE PERIOD FY26-FY31March12, 2026 The Multilateral Investment Guarantee Agency This document has a restricted distribution and may be used by recipients only in the performance of their The date of the last Performance and Learning Review was August 6, 2019. CURRENCY EQUIVALENTS(Exchange Rate Effective as ofFebruary 28, 2026Currency Unit: West African CFA franc (XOF)US$ 1 = XOF 557 FISCAL YEARJanuary 1–December 31 ABBREVIATIONS AND ACRONYMS ABPEAnnual Business Planning ExerciseAfDBAfrican Development BankCPFCountry Partnership FrameworkEDMEnergy Utility of Mali(Énergie du Mali)FCVFragility, Conflict and ViolenceGDPGross Domestic ProductIDAInternational Development AssociationIFCInternational Finance CorporationM300Mission 300MIGAMultilateral Investment Guarantee AgencyMSMEMicro Small Medium EnterprisePCMPrivate Capital MobilizationSCScorecardSNEDDStrategy for Emergence and Sustainable DevelopmentUHCUniversal Healthcare CoverageWBGWorld Bank Group COUNTRY PARTNERSHIP FRAMEWORKFOR THE REPUBLIC OFMALIFY26–FY31 StrengtheningResilience,andEnablingJobCreation(RESIJOB) 1.The WorldBankGroup (WBG)Country Partnership Framework (CPF) FY26-31supportsMali’sefforts to strengthenresilienceandenableinclusiveprivate sector-ledjob creation.Grounded inbroadconsultations with government and stakeholders,1the CPFaligns withMali’sNational Strategy for Emergenceand Sustainable Development2024-2033(SNEDD)to address thedriversofFragility,Conflict andViolence(FCV) and promote inclusive, climate-resilient growth.The CPF operationalizes the WBG 3-by-5Jobs framework,tailoredto Mali’s context,with afocuson human capital, foundational infrastructure, andagriculturalproductivity.It leverages WBG flagshipinitiatives, includingMission300(M300), and AgriConnect,andwill supportreformsto improve the regulatory environmentforprivate capitalmobilization. Aligned with therefreshedWBGFCV 2.Since 2012, Mali hasfaced successive and interlinkedcrises, compoundedby spillovers from conflictsinneighboringcountries.The 2012unconstitutional change in governmentamid a rebelliontriggered prolongedinsecurity and political instability, which persisted despitesuccessfulelections in 2013 and 2018as well asthe2015peace agreement,culminating ininstitutional breakdownsin2020and 2021.Legislationadoptedin 2025 3.Violence and insecurityhaveresulted indisplacement,schoolclosures,and destruction of livelihoods. Insecurityhasexpandedto most regions,straining the government’s ability to deliveressentialservices while alsodisrupting production, constraining private sector activities, and exacerbatinghardship.Fatalitiespeakedin 2022at 20.7per 100,000before trending downto reach16.0in early 2026.3As ofDecember2025, about 2,036 schoolsremained closed, affecting roughly 611,000students4 and 12,200 teachers. At the same time, Mali hostsapproximately 414,524internally displaced persons (IDPs) and 288,0705refugees and asylum seekers. Thisplacesadditional pressure on host communitiesandpublicservices,with significantimplicationsfor human capital 4.Mali’s economy has demonstrated resiliencewhilefalling short ofpotential.RealGross Domestic Product(GDP)growth averaged 4.0 percent between 2021-20256,driven by buoyant extractive revenues, an expandingservices sector, and periodic recoveries in agriculture.Yet,significantchallenges remain, including limitedeconomic diversificationwithheavy reliance on extractives,low agricultural productivitycoupled withhighvulnerabilityto climate shocks, high informality, alimitedtax base,andtightfinancing conditions. The authoritieshave taken initial stepsto address these challenges, includingthroughrecent legislation to mobilize new revenuesources and the modernization of tax administration and public financial management. Fiscal consolidation 5.A competitive Private Sector is neededto absorb the 250,000 to 300,000 young peoplewho enterthe jobmarket each year.7 Creating better jobs requires an enabling environment that is business-friendly andcharacterized by predictability, transparency, accountability, and clear procurement processes and procedures.The2022 Country Private Sector Diagnostic (CPSD) and the B-READY 2025 assessment identified prohibitivebusiness entry costs,unreliable electricity supply,weak dispute resolution,absence of digital business services,transport and logistics,and access to finance, as key constraints to private sector development. MSMEs—which 6.Despite the challenging context,Malihas shown commitment toadvancecriticalreformsoutlined in theSNEDD, includingto restore macroeconomic stability, strengthen governance, and build institutionalresilience.Measures include improving revenue collection, public financial management, decentralization, andmodernization of public administration, all supporting private sector growth and j