Mali is a landlocked country in West Africa, bordered by Algeria, Niger, Burkina Faso, Côte d'Ivoire, Guinea, Senegal, and Mauritania. It is the seventh-largest country in Africa, with a population of 18 million people. Mali is one of the poorest countries in the world, ranking 181st out of 188 countries on the Human Development Index. In spite of this, Mali has made significant progress in recent years, with a 6.6 percent annual GDP growth rate in 2018.
Mali's economy is largely based on agriculture, which accounts for around 40 percent of the country's GDP. The main agricultural products are cotton, millet, sorghum, rice, and livestock. Other important industries include gold mining, which is the country's largest export, and tourism. The government has also been working to develop the country's infrastructure, including roads, telecommunications, and electricity.
Despite the country's economic progress, Mali remains one of the poorest countries in the world. Poverty is widespread, with over half of the population living below the poverty line. In addition, Mali is vulnerable to natural disasters such as floods and droughts, which can have devastating effects on the economy.
The government has implemented a number of policies to promote economic growth, such as liberalizing trade and investment, encouraging foreign investment, and implementing an economic reform program. In addition, the government has sought to improve the country's infrastructure and increase access to basic services such as healthcare and education.
Despite the progress that has been made, there is still much work to be done to improve the economy of Mali. The government must continue to focus on reducing poverty and improving infrastructure, while also promoting economic diversification and encouraging foreign investment. With the right policies in place, Mali can continue to make progress and become a more prosperous country.