For the second consecutive week, the needs of commercial banks in Mali will not be fully covered by the Central Bank of West African States (BCEAO), the common issuing institution of the 8 countries of the Union economic and monetary West African (UEMOA).
According to the results of the fourth injection of liquidity at a fixed rate for the year 2022 consulted by ‘Financial Afrik’, the institution based in Dakar (Senegal) refinanced the Malian banking sector, on January 24, to the tune of 209.136 billion of FCFA for the week, against 356.136 billion. This amount is the same as the central bank had injected the previous week in Malian banks, against 445.136 billion FCFA proposed.
This situation – which only Mali has known for two weeks – is noticed after the financial sanctions decided on January 9 in Accra by the Heads of State of ECOWAS and UEMOA against Bamako.