ReasonableMatic
................................
AES needs to stick together and teach ECOWAS member self-confidence. No need to beg to Massa
🇲🇱 Mali becomes the first African nation to declare itself FREE from all foreign & domestic debt, ending their economic dependency
- Thread starter ReasonableMatic
- Start date
AES needs to stick together and teach ECOWAS member self-confidence. No need to beg to Massa
Good on them.
Well done I will watch more of Africa follow suit with GLADNESS.
ABlackMan
Superstar
Watch this shyt now
Also I know they be happy as hell when they get out them fatigues lol can you imagine wearing fatigues all day
Also I know they be happy as hell when they get out them fatigues lol can you imagine wearing fatigues all day
Dafunkdoc_Unlimited
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BAMAKO, Oct 20 (Reuters) - Mali will pay off 200 billion CFA francs ($332 million) of its internal debt from next week until the end of the year in a bid to ease its debt burden, its economy minister said on state television.
The junta-led West African nation's economy has been rocked by two coups in 2020-2021 and consequent regional sanctions, as well as years of armed conflict with Islamist militants.
Economy Minister Alousseni Sanou acknowledged the "increasing challenges we face" as he announced the debt repayment. He did not give an overall figure for the size of Mali's internal debt when he spoke to the broadcaster on Friday.
Last year, the International Monetary Fund warned that "the direction and pace of debt accumulation (in Mali) are worrisome.
The Fund said Mali's domestic debt had risen from a low base of 8.1% of gross domestic product in 2015 to 22.1% as of 2021.
($1 = 601.7500 CFA francs)
That doesn't say ANYTHING about external/public debt which is substantial, but I'm no economist.....
www.worldbank.org
Overview
The World Bank portfolio is supporting Mali in addressing its economic challenges with a focus on education, health, agriculture, and energy.
www.worldbank.org
When Africa start sanctioning 
Voice of Reason
Veteran
Good for them.
So Russia' paid off their debt is what you're saying? 
Surely Russia didn't do this because of their fondness for the Black race. I wonder how Mali is protecting themselves from Russia's obvious predation? God be with them.
Surely Russia didn't do this because of their fondness for the Black race. I wonder how Mali is protecting themselves from Russia's obvious predation? God be with them.