The International Monetary Fund  said on Monday it will resume suspended aid to Mali after the West African country agreed to a tighter scrutiny of  its spending.

In May the IMF suspended its aid of nearly $70 million after it expressed concern over Mali’s purchase of a $40 million presidential jet and a $200 million state guarantee for a loan obtained by a private company that won a contract to provide supplies for the army. Christian Josz, the IMF mission chief for Mali, told reporters in Washington that the private company was overcharging the government by as much as ten times for basic items like socks.

To resume aid, the IMF required Mali to publish audits that showed irregularities in its spending and to close a loophole in the procurement code that allowed it to record the jet purchase outside the regular budget. “The authorities agreed to publish the results of these audits, which was very important to us, because the reputation of the fund was at stake too,” Josz said.

Mali also agreed to update the IMF on its compliance with auditors’ recommendations, including sanctions on those involved in wrongdoing, this, the financial institution said it will assess further steps when it returns to the country in March.

Mali will now receive about $11.7 million that had been delayed since May, and a restart of support from other donors, like the World Bank and France- who had followed the IMF in suspending aid, is also expected.

The IMF also noted that Mali faces risks from the security situation and a recent outbreak of the Ebola epidemic that had infected eight people. It predicts the economy should expand 5.8 percent this year and 5.5 percent in 2015, provided Ebola does not spread.

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