Mali Clears Domestic Arrears After Back Payment From Miners

Mali 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.