, IFAD,
IFC, IFRCS, ILO, IMF, Intelsat, Interpol, IOC, IOM, ITU, MIPONUH,
MONUC, NAM, OAU, OIC, OPCW, UN, UN Security Council (temporary),
UNCTAD, UNESCO, UNIDO, UPU, WADB, WAEMU, WCL, WFTU, WHO, WIPO, WMO,
WToO, WTrO
Diplomatic representation in the US:
chief of mission: Ambassador Cheick Oumar DIARRAH
chancery: 2130 R Street NW, Washington, DC 20008
telephone: (202) 332-2249, 939-8950
FAX: (202) 332-6603
Diplomatic representation from the US:
chief of mission: Ambassador Michael RANNEBERGER
embassy: Rue Rochester NY and Rue Mohamed V, Bamako
mailing address: B. P. 34, Bamako
telephone: 22 54 70
FAX: 22 37 12
Flag description: three equal vertical bands of green (hoist side),
yellow, and red; uses the popular pan-African colors of Ethiopia
@Mali:Economy
Economy - overview: Mali is among the poorest countries in the world,
with 65% of its land area desert or semidesert. Economic activity is
largely confined to the riverine area irrigated by the Niger. About
10% of the population is nomadic and some 80% of the labor force is
engaged in farming and fishing. Industrial activity is concentrated on
processing farm commodities. Mali is heavily dependent on foreign aid
and vulnerable to fluctuations in world prices for cotton, its main
export. In 1997, the government continued its successful
implementation of an IMF-recommended structural adjustment program
that is helping the economy grow, diversify, and attract foreign
investment. Mali's adherence to economic reform, and the 50%
devaluation of the African franc in January 1994, has pushed up
economic growth. Several multinational corporations increased gold
mining operations in 1996-98, and the government anticipates that Mali
will become a major Sub-Saharan gold exporter in the next few years.
Annual growth should remain in the 5-6% range in 2000-01, and
inflation should drop under 3%.
GDP: purchasing power parity - $8.5 billion (1999 est.)
GDP - real growth rate: 5% (1999 est.)
GDP - per capita: purchasing power parity - $820 (1999 est.)
GDP - composition by sector:
agriculture: 46%
industry: 21%
services: 33% (1998)
Population below poverty line: NA%
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices): 3% (1999 est.)
Labor force: NA
Labor force - by occupation: agriculture and fishing 80% (1998 est.)
Unemployment rate: NA%
Budget:
revenues: $730 million
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