Leveraging Real-Time Payments for Mali's Digital and Green Economic Transformation

Executive Liquidity Summary "This directive outlines a strategic approach for Mali to integrate real-time payments into its financial infrastructure, leveraging its policy frameworks and international partnerships. Key actions include: 1) Establishing a national RTP system to facilitate instant, low-cost transactions, boosting financial inclusion and enabling digital commerce. 2) Integrating RTP into government payment systems to streamline subsidies, social benefits, and tax collections, reducing leakage and improving transparency. 3) Promoting RTP adoption among businesses, especially SMEs, to enhance cash flow management and access to credit. 4) Leveraging RTP to support green finance initiatives, such as carbon credit trading and payments for ecosystem services. 5) Collaborating with international partners, such as the WTO, ECOWAS, and the EU under the Cotonou Agreement, to ensure interoperability and compliance with global standards. By doing so, Mali can position itself as a regional leader in digital finance, attract investment, and achieve its sustainable development objectives."