Our website uses cookies to improve and personalise your experience and to display advertisements(if any). Our website may also include third-party cookies like Google Adsense, Google Analytics, and Youtube. By using the website, you consent to the use of cookies. We have updated our Privacy Policy. Please click on the button to check our Privacy Policy.

West African court lifts sanctions against Mali

West African court lifts sanctions against Mali

THE court of the West African Economic and Monetary Union (UEMOA) ordered the suspension of the eight-nation body's sanctions against Mali, imposed in January after the junta delayed elections. The sanctions severed Mali's access to regional financial markets and have contributed to its default on about $180 million in debt payments and jobs losses. It was not immediately clear whether UEMOA would follow the court decision. "It is a suspension measure pending a detailed ruling of the court," spokesperson Aminata Mbodj said. UEMOA instructed all financial institutions under its umbrella to suspend Mali after the junta decided to delay elections…
Read More