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
BGFIBank Cameroon raises capital from 20 to 50 billion CFA Move exceeds new CEMAC minimum capital requirement Reform aims to boost resilience, expand...
EIB invested 3.1 billion euros in Africa 2025 About 46% allocated to climate, sustainability projects Funding aligned with EU Global Gateway...
Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on research, feasibility and investment support for SMEs and...
IFC plans to invest up to $52 million in a microfinance group operating in Kenya, Uganda and Tanzania. The funding will support local...
Most Read
01

Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market ...

Amazon Turns to Kenya as Its Next Low-Orbit Satellite Internet Bet in Africa
02

Dangote to list $20-25 billion refinery within five months NNPC holds 7.25% stake; dividends...

Dangote Sets IPO Timeline for Its $20B+ Nigerian Refinery, Eyes Retail Investors
03

DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...

DRC seeks ITC support to advance battery mineral value chains
04

Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...

Algeria’s NESDA, ASICOM Sign SME Investment Deal; Funding Details Unspecified
05

Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...

Senegal Launches $360 Million Regional Bond Sale
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.