Public Management

Mali decrees 24-month transition period

Mali decrees  24-month transition period
Tuesday, 07 June 2022 16:33

Last February, Mali's interim parliament approved the military junta’s 5-year transition plan. The decision was strongly criticized by the ECOWAS, which stepped up sanctions. 

In Mali, the military junta will pass the helm to a civilian government in the next two years. The decision was officialized in a decree signed, Monday (June 6) by interim President Assimi Goïta (photo). 

"The transition period is set to 24 months, starting from March 26, 2022, per Article 22 of Law No. 2022-001 of February 25, 2022, amending the interim constitution,” the document reads.  

The transition period is amended two days after the ECOWAS summit scheduled in Ghana last Saturday, June 4.  The summit was organized to review the sanctions imposed on the ruling juntas in Guinea, Mali, and Burkina Faso. However, according to anonymous sources, it was postponed to July 3 due to “disagreements” between Heads of State (over sanctions imposed on Mali notably). 

A few months ago, interim Malian authorities announced the transition period could last up to five years. The timeframe, which is longer than the international community’s recommendations, triggered the ire of ECOWAS Heads of State. The regional political and economic union then added new sanctions to the package already imposed on Mali. 

According some observers, part of the sanctions could be lifted when the Heads of State meet next. Nevertheless, although the recent decree seems to be an argument confirming their hypothesis, the ECOWAS could well apply further pressure for an even shorter deadline. 

Moutiou Adjibi Nourou   

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Move aims to boost housing finance and expand affordable housing supply Bank to support real estate sector amid 800,000-unit housing deficit The...
Financing targets renewable energy and climate adaptation investments Deal supports Africa’s low-carbon transition and infrastructure funding...
Inflation dropped to 3.2% in March 2026, down from 25.8% a year earlier, marking 15 consecutive months of decline The Ghana Reference Rate was...
(BIDC) - The ECOWAS Bank for Investment and Development (EBID) has approved USD 266.7 million and XOF 30 billion to support a portfolio of strategic...
Most Read
01

Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...

Drugmakers ramp up competition in South Africa’s obesity treatment market
02

WAEMU posts 3.31 trillion CFA francs trade surplus in Q4 Exports surge 50.4%, led by gold, ...

WAEMU Trade Surplus Widens to $5.8 Billion in Q4 2025 on Strong Export Gains
03

The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...

West Africa Targets Diaspora Funds With New Banking Access Rules
04

Operator explores renewable energy partnership with Italy’s Ascot Energy Move aims to stabilize p...

Ethio Telecom Turns to Green Power to Secure Network Expansion
05

First investor town hall since 2021 signals renewed engagement with markets Authorities hi...

Ghana restarts investor engagement as macro recovery firms after default
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.