Mali has many characteristics of a fragile and conflict-affected state. Like many other fragile states, Mali has high population growth, which puts pressure on the country's resources, including food supplies. Gender inequality in the country is also high, with women and girls experiencing...

Stock-flow adjustments-extra-budgetary and below-the-line operations that do not reflect standard spending and revenue-have added 9 percentage points to the debt-to-GDP ratio in Mali over the past decade. That is just under a third of the total increase in public debt over that period. Despite...