West African leaders lift economic and financial sanctions on Mali - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Leaders of the Economic Community of West African States on Sunday lifted economic and financial sanctions imposed on Mali. ECOWAS

The bloc imposed stiff sanctions on Mali in January after the junta said it would not organise democratic elections the following month as initially planned.

“However, the heads of state decided to maintain individual sanctions, and the suspension of Mali from ECOWAS, until the return to constitutional rule,” Kassi Brou said.Mali has defaulted on over $300 million of its debt due to the sanctions, which cut it off from the regional financial market and the regional central bank.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in BUSİNESS

Business Business Latest News, Business Business Headlines