Homepage

Mali Sets $135mln for Election Expenses in 2025 Budget

Mali Sets $135mln for Election Expenses in 2025 Budget
Friday, 11 October 2024 10:07

Last May, participants in Mali's national dialogue suggested extending the transition by three more years and allowing Colonel Assimi Goïta, the current transitional president, to run in the presidential election.

Mali plans to allocate CFA80.75 billion (around $134.8 million) for election expenses as part of its 2025 budget, according to an official report by the government.

Although specific details on how the funds will be spent have not been shared, this represents a notable increase from the $117.9 million allocated for elections in 2024. According to the country’s financial operations table (TOFE), this figure is set to drop significantly to $16.6 million in 2026 and 2027, reflecting a reduced election schedule in those years.

This budget news comes as Mali has yet to set a date for its next elections, with security concerns continuing to pose major challenges. In September 2023, the transitional government announced the postponement of the presidential election, originally planned for February 2024, without setting a new date. This delay, attributed to technical issues, has fueled tensions over the electoral process. Various political and civil society groups are pushing for quick presidential elections, as the 24-month transition period officially ended in March 2024, leaving what they call a "legal vacuum."

In response to growing pressure, the military regime toughened its stance in April, suspending the activities of political parties and associations, and banning media coverage of their actions. During the national dialog in May, participants recommended extending the transition by an additional three years and allowing Colonel Assimi Goïta, the current transitional president, to run in the upcoming presidential election. Also, around $10 million is earmarked for the ongoing operations of the Independent Election Management Authority in the 2025 budget.

Mali, which is set to adopt a budget with a 5% spending increase, faces significant economic hurdles. According to the World Bank, the country is grappling with rising living costs, an energy crisis, and growing poverty. Economic recovery efforts have struggled to counter the effects of droughts and support long-term growth. Meanwhile, on the security front, despite some progress—such as the reclaiming of certain areas—violence and armed attacks remain common, especially in the northern and central regions.

Most Read
01

BYD to install 200-300 EV chargers in South Africa by 2026 Fast-charging stations powered by grid...

China's BYD Plans 300-Station EV Charging Network for South Africa
02

Drones to aid soil health, pest control, and input efficiency High costs, skills gap challenge ac...

Kenya Plans National Drone Rollout to Modernize Farming
03

Diaspora sent $990M to CEMAC via mobile money in 2023 Europe led transfers; Cameroon dominat...

Mobile Money Transfers to CEMAC Near $1B in 2023
04

TotalEnergies, Perenco, and Assala Energy account for over 80% of Gabon’s oil production, estimate...

Gabon Seeks Foreign Partners to Revive Declining Oil Sector
05

Airtel Africa has partnered with Vertiv to deploy high-capacity data centers, starting in Nigeria ...

Airtel Africa Partners With Vertiv to Expand Data Center Footprint Across the Continent
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.