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    • News

    Military coup threatens 'development gains' in Mali

    By Jenny Lei Ravelo // 23 March 2012
    Amadou Toumani Touré, president of Mali. Photo by: Pietro Naj-Oleari / European Parliament / CC BY-NC-ND

    The U.S. Millennium Challenge Corp. and two multilateral banks have suspended their operations following a military coup in Mali.

    After attacking the Presidential palace, renegade Malian soldiers announced Thursday (March 22) on national TV that they have taken control of the country. Lt. Amadou Konare, the group’s spokesman, said they had “ended” the “incompetent regime” of President Amadou Toumani Toure, who they accuse of failing to “fight terrorism” in the north.

    MCC CEO Daniel Yohannes said the “unconstitutional actions” by the soldiers are in “direct conflict” with the agency’s commitments to democractic governance and rule of law. MCC’s compact with Mali is set for completion September this year.

    The African Development Bank and the World Bank, meanwhile, released a joint statement calling for the restoration of the constitutional government in Mali to preserve the country’s development gains. The statement said Mali had made steady economic and social progress in recent years.

    A presidential election is due to take place in Mali in April. With the latest coup, however, it is unsure if elections will push through. But the government, according to BBC, has so far “refused” to postpone the poll.

    Read more development aid news online, and subscribe to The Development Newswire to receive top international development headlines from the world’s leading donors, news sources and opinion leaders — emailed to you FREE every business day.

    • Democracy, Human Rights & Governance
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    About the author

    • Jenny Lei Ravelo

      Jenny Lei Ravelo@JennyLeiRavelo

      Jenny Lei Ravelo is a Devex Senior Reporter based in Manila. She covers global health, with a particular focus on the World Health Organization, and other development and humanitarian aid trends in Asia Pacific. Prior to Devex, she wrote for ABS-CBN, one of the largest broadcasting networks in the Philippines, and was a copy editor for various international scientific journals. She received her journalism degree from the University of Santo Tomas.

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