Mali collected 2,836.7 billion CFA francs in revenue during 2025, beating its revised target by over 97 billion CFA francs and achieving a 103.54 percent collection rate, according to government figures released following an October 2026 Council of Ministers meeting.
State accounts show that actual revenue collection reached 2,836,707,000,000 CFA francs. This outpaced the revised forecast of 2,739,697,000,000 CFA francs.
The financial figures emerged from the Council of Ministers meeting held on October 23, 2026. The government adopted a proposed settlement law for the 2025 state budget.
This generated a surplus of 97,010,000,000 CFA francs over the targeted collections.
Mali Limits 2025 Spending While Exceeding Revenue Targets
Authorized spending limits totaled 3,279.886 billion CFA francs under the rectifying budget. However, actual expenditures settled at 3,091,253,000,000 CFA francs.
This left an unspent balance of 188.633 billion CFA francs across government operations. That produced an expenditure execution rate of 94.25 percent.
Financial analysts note that the arithmetic difference between the recorded revenues and executed expenditures stands at 254.546 billion CFA francs. This narrowed from the 540.189 billion CFA franc deficit originally projected in the rectifying budget.
Government administrators emphasize that this raw calculation differs from the definitive fiscal deficit. The final figure requires incorporating treasury operations, financing mechanisms, and accounting adjustments.
Mali Revises Revenue Forecasts Upward in August 2025
The 2025 fiscal roadmap underwent structural adjustments midway through the year.
In August 2025, authorities revised revenue forecasts upward from 2,648.900 billion to 2,739.697 billion CFA francs.
That mid-year adjustment captured fresh inflows originating from tighter import controls.
It also captured exceptional receipts tied to the telecommunications sector.
Additional inflows came from contributions from the Support Fund for Basic Infrastructure Projects and Social Development.
Public financial regulators, specifically the tax and customs directorates, maintained optimized collection rates despite a complex regional macroeconomic and security climate.
Gradual digital integration across financial services further expanded the tax and revenue base.
National Transition Council Begins Review of 2025 Settlement Law
With the Council of Ministers adopting the draft settlement law, the documentation moves forward to the National Transition Council for legislative review.
Under regional West African monetary guidelines, the settlement law serves as the definitive legal instrument through which the legislature formally closes and ratifies the past fiscal year.
Lawmakers will scrutinize where the 188.6 billion CFA francs in unspent credit went and examine the precise origin of the revenue surplus.
This parliamentary accounting will allow the state to enact necessary regularizations, confirm the final account totals, and establish formal accountability for public spending managers.