Mali Clears Domestic Arrears After Back Payment From Miners
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Mali has ordered the payment of 312 billion CFA francs ($554 million) to local companies to clear arrears for services provided in 2023 and 2024, after state finances were bolstered in the wake of recovering 761 billion CFA francs from miners in the application of a new mining code.The settlement will also include some invoices for this year, Minister of Economy and Finance Alousséni Sanou said on national television.