World Bank Halts Mali’s Payment After Coup

The World Bank has temporarily suspended all payments to operations in Mali after the military seized power last week from the transitional President and Prime minister.

The bank noted that in accordance with the World Bank policy applicable to similar situations, it has temporarily paused disbursements on its operations in Mali, as it closely monitors and assesses the situation.

The Bank’s actions add to the pressure on Mali’s military leadership after chief security ally France announced on Thursday it was suspending joint operations with Malian troops in a bid to press for the return to civilian rule.

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