Mali announces that it has paid its debts

View of Bamako, Mali.

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A little over a month after the lifting of economic and financial sanctions that weighed on Mali, the authorities have announced that they are paying their debts.

They were thus able to raise 270 billion CFA francs on the markets of the region, an announcement made in an official communication from the Minister of the Economy.

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This notice is addressed to investors and technical and financial partners... " 

Mali has the honor

 " to inform them that " 

all of Mali's outstanding debt has been settled

 ", specifies the document.

Alousséni Sanou, Minister of the Economy, gives the details of the sums thus paid: 85 billion for the external debt, 66 billion for the market debt and 65 billion for part of the market debt issued by auction, not counting interest. of delay amounting to more than 13 billion FCFA.

For this, a special issue of bills and bonds was carried out by the Malian Treasury, at the beginning of the week, to the tune of " 

215 billion CFA francs 

", specifies the Minister, i.e. nearly 330 million euros, a operation which bore fruit.

“ 

Mali wins the regional bond market,

 headlined

 Jeune

Afrique

 after the success of the financial operation.

Read also: The Malian economy reorients itself in the face of sanctions and payment defaults

While the authorities say they regret the " 

damages suffered by investors and technical and financial partners due to unpaid bills

 ", they are also delighted with their constant support.

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  • mali

  • Economy