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
Senegal, BOAD launch Fovas to monetize public infrastructure assets Fund aims to boost financing without IMF-recommended debt restructuring Eligible...
PIC raises its commitment to Enko Impact Credit Fund, reaching 86.7% of its target. The fund provides dollar-denominated private credit to mid-sized...
IFC grants a $30 million senior loan to boost SME lending in Mauritania. At least 25% of the funds will support women-owned or women-led...
S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $13.3 billion targeted for restructuring is now...
Most Read
01

(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...

MCB deploys strategic financing to Invictus Investment to scale up its agro-food operations in Africa
02

S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...

S&P Raises Zambia’s Foreign-Currency Rating to CCC+
03

MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...

Africa HealthTech Bootcamp Opens in Benin With Focus on Regulation and Startup Growth
04

Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...

Chad Reports Second Vandalism Attack on Key Internet Cable in Two Weeks
05

Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...

Nestlé Faces New Claims of Excess Sugar in African Baby Cereals
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.