Mali’s trajectory has been mainly influenced by the conflict in its central and northern regions. Moreover, the ruling military junta has led the country towards increasing authoritarianism. Since coming into power, the government has continuously attacked freedom of speech, imprisoned numerous civil society leaders, and intensified human rights violations while conducting military operations.
The pandemic, international sanctions and poor governmental planning further damaged the economy, which was already suffering from instability. Additionally, Mali faces an increasing inflation due to the dependency on cereals and fertilizers from the Ukraine. To improve the business environment, the c was updated and new investment policies were implemented.
Mali’s national budget and security remains highly dependent on international aid. However, the country’s recent alliance with Russian security providers resulted in the withdrawal of European military support and strained relations with Western donors.
