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- Operations
- Commodity Imports Program
Commodity Imports Program
Mali
Borrower | Mali |
Financing Type | Public Sector |
Instrument | Program Loan |
Focus Area | Agriculture |
Approved | 29.08.1989 |
Signed | 24.10.1989 |
Status | Completed |
Loan Administrator | OPEC Fund |
Executing Agency | Caisse Autonome d'Amortissement |
OPEC Fund Contribution (US$m) | 5.50 |
Total Project Cost (US$m) | 12.00 |
The programme is designed to assist the borrower to meet part of its requirements of essential inputs for the agricultural sector. Specifically, the proceeds of the loan shall be used exclusively for the importation of insecticides and of raw materials for the local production of insecticides needed to sustain cotton and groundnuts production. The proceeds of the loan are to cover the cost of the purchase of the products and the cost of their transportation and related services.