Mali Junta Defies Regional Bloc, Pushes for Five-Year Transition
(Bloomberg) -- Mali's military-dominated government on Saturday proposed a five-year transition period, defying international pressure to meet a February deadline for a return to civilian rule.
“We're suggesting a transition period of five years,” Mali's Foreign Minister Abdoulaye Diop told public broadcaster Office de Radio et Television du Mali following a meeting with representatives of the Economic Community of West African States in Ghana's capital, Accra. “This in line with the outcome of the National Refoundation Meeting with regards to the duration of the transition. This will then form the base for further talks and dialog with Ecowas,” Diop said
Political and civil society actors on Thursday proposed a transition period of up to five years following four days of national consultations in the capital, Bamako.
Mali's military ruler President Assimi Goita, under pressure from France and Mali's regional neighbors, had earlier promised to return the country to civilian rule after presidential and parliamentary elections in February 2022. Then in May last year, Goita forced out the interim civilian leadership, disrupting the election timetable.
The West African regional bloc last month threatened Mali with economic sanctions if a timetable for Feb. 27 elections wasn't met.
Presidential elections will be held in January 2026 and parliamentary polls between May and November 2025, according to a copy of the proposed timetable.
The Ecowas mediator for Mali, Nigeria's ex-President Goodluck Jonathan, will travel to Bamako on Jan. 5, Ecowas said in a statement Sunday, acknowledging Mali's proposal. An Ecowas summit regarding Mali is scheduled for Jan. 9 in Accra.
©2022 Bloomberg L.P.
-
India's Troika Of Good Luck | Joining The Dots
A weaker Trump, a cooling AI trade and resilient earnings have put Indian markets back in favour. Rising inflation could spoil the party.
-
Talking Points This Week: Leadership Shock At Nvidia, Earnings Strength, And The Fog Over Hormuz
The Anthropic IPO pricing and first trading day, Nvidia's upcoming earnings, and any fresh signals from Iran will set the tone for the following week.
-
Signature Play: The Classic Cocktail Is Dead. Or Is It?
Classic cocktails are disappearing from India's cocktail menus. But they're still being ordered, taught to bartenders and borrowed from. So, who's really having the last drink?
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.