Mali has taken another step toward modernizing its public financial system with the adoption of a draft law finalizing the 2024 state budget, a move seen as part of broader efforts to enhance transparency and accountability in government spending.
The decision was made during a Council of Ministers meeting on Wednesday, chaired by General Assimi Goïta, President of the Transition.
The government described the measure as a continuation of reforms aimed at strengthening fiscal credibility and efficiency amid ongoing economic challenges.
According to official figures, projected revenues for 2024 were 2.39 trillion CFA francs, but actual collections reached 2.64 trillion CFA francs, representing a 110.67% performance rate.
Expenditures, initially forecast at 3.14 trillion CFA francs, were executed at 2.84 trillion CFA francs, or 90.63% of the target. Authorities said the figures reflected disciplined fiscal management despite economic and social pressures.
Alongside the budget settlement, the government reaffirmed its commitment to greater transparency through institutional reforms, notably the creation of a Court of Auditors in line with West African Economic and Monetary Union (UEMOA) directives.
Officials acknowledge that challenges remain, particularly in making the Court of Auditors fully operational. However, the initiative represents a decisive step toward more responsible and transparent use of public resources.
