Improved production techniques, including more intensive use of fertilisers, pesticides and increased mechanisation, will also help boost output, the document said. Those improvements are expected to cost the government around 111 billion CFA francs ($210 million).
Mali is vying with neighbour Burkina Faso to be Africa's top cotton producer.
Its cotton season runs from April to March with a growing phase from May/June to September/October and a marketing phase that begins in October/November and closes on March 31.