IMF forecasts Mali GDP growth in 2016 at 5.3 pct

Mali's gross domestic product is forecast to grow at 5.3 percent this year, down from 6 percent last year, and inflation will remain at about 1 percent, the International Monetary Fund (IMF) said on Wednesday. "The economic outlook for 2016 is favourable .... The outlook is, however, subject to some downside risks, stemming mainly from Mali's fragile security situation," the IMF said after a review in Washington. Mali is supported by a $46.2 million IMF extended credit facility.