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Lifting of ECOWAS and UEMOA sanctions: The Malian economy soon to be revived?

21/07/2022
Categories: General Information

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After the storm of economic and financial sanctions, Mali could revive its economy.

To revive its economy, Mali should essentially use fiscal policy, which is the best instrument for economic policy. Public spending should target key sectors and essential basic services, such as agriculture, education, health, social protection, drinking water, industry, housing, urban development and sanitation, as well as quality basic infrastructure.quality basic infrastructure that have a strong impact on reducing inequalities, especially among the most vulnerable, including the informal sector, women, girls and youth, but also to increase, diversify and transform national production. As a reminder, let's recall that the economic, financial and commercial sanctions have paralyzed the country's economy for 6 months and prevented the State and Malian banks from honoring their commitments to their creditors.

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