World Bank, African Development Bank suspend Mali funds
Washington, 23 Mar – (ANA) - The World Bank and African Development Bank yesterday condemned the military coup in Mali and suspended project financing to the country, the banks said in a joint statement yesterday.
"Our development operations are suspended, with the exception of emergency assistance," the institutions said, calling for a speedy resolution of the crisis.
The overnight mutiny by low-ranking soldiers toppled President Amadou Toumani Toure's government. The soldiers were angered by the government's failure to end a two-month-old separatist rebellion in the north of the country. (ANA)
FA/ANA/23 March 2012-------