Edit
Phone Code: 00223Root-level Domain Code: .ml
Phone Code: 00223
Root-level Domain Code: .ml
Background: The Sudanese Republic and Senegal became independent of France in 1960 as the Mali Federation. When Senegal withdrew after only a few months, what formerly made up the Sudanese Republic was renamed Mali. Rule by dictatorship was brought to a close in 1991 by a coup that ushered in democratic government. President Alpha KONARE won Mali's first democratic presidential election in 1992 and was reelected in 1997. In keeping with Mali's two-term constitutional limit, KONARE stepped down in 2002 and was succeeded by Amadou TOURE.
Economy Overview: Mali is among the poorest countries in the world, with 65% of its land area desert or semidesert and with a highly unequal distribution of income. Economic activity is largely confined to the riverine area irrigated by the Niger. About 10% of the population is nomadic and some 80% of the labor force is engaged in farming and fishing. Industrial activity is concentrated on processing farm commodities. Mali is heavily dependent on foreign aid and vulnerable to fluctuations in world prices for cotton, its main export, along with gold. The government has continued its successful implementation of an IMF-recommended structural adjustment program that is helping the economy grow, diversify, and attract foreign investment. Mali's adherence to economic reform and the 50% devaluation of the CFA franc in January 1994 have pushed up economic growth to a sturdy 5% average in 1996-2006. Worker remittances and external trade routes for the landlocked country have been jeopardized by continued unrest in neighboring Cote d'Ivoire.
Geography Note: landlocked; divided into three natural zones: the southern, cultivated Sudanese; the central, semiarid Sahelian; and the northern, arid Saharan
Location: Western Africa, southwest of Algeria
Natural Resources: gold, phosphates, kaolin, salt, limestone, uranium, gypsum, granite, hydropower note: bauxite, iron ore, manganese, tin, and copper deposits are known but not exploited
Geographic Coordinates: 17 00 N, 4 00 W
Write Something Under This Category