Mali [electronic resource] : Selected Issues.
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TextSeries: IMF Staff Country Reports; Country Report ; No. 08/286Publication details: Washington, D.C. : International Monetary Fund, 2008Description: 1 online resource (32 p.)ISBN: 1451826516 :ISSN: 1934-7685Subject(s): Cotton Production | Cotton Sector | Crop | Crops | Seed Cotton | MaliAdditional physical formats: Print Version:: Mali : Selected IssuesOnline resources: IMF e-Library | IMF Book Store Abstract: The cotton sector in Mali is facing major challenges to overcome, with low export prices, technical hurdles, and a poorly performing state-owned cotton ginner. Some reforms, most notably with regard to the setting of the farmgate procurement price, have already been undertaken, but more is needed to put the sector on a sound financial footing. It is vital that the production process be modernized and the ginner profoundly reformed if cotton is to play a major role in poverty reduction in rural Mali.
The cotton sector in Mali is facing major challenges to overcome, with low export prices, technical hurdles, and a poorly performing state-owned cotton ginner. Some reforms, most notably with regard to the setting of the farmgate procurement price, have already been undertaken, but more is needed to put the sector on a sound financial footing. It is vital that the production process be modernized and the ginner profoundly reformed if cotton is to play a major role in poverty reduction in rural Mali.
Description based on print version record.
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