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In
The News
The Republic of Mali is rich in natural resources. minerals
such as Iron Ore, Bauxite, Manganese, Tin, Uranium, Gold, Phosphatic
rocks, etc. Most
of its mineral wealth is yet to be exploited.
Mali is among the poorest countries in the
world. Main agricultural out put
is Cotton. And when the market price for
cotton dips, Mali has to lean heavily on to the foreign assistance.
The only escape route open to Mali is in
diversification of its economy. Heavy
investment is required in exploration and exploitation of proven
reserves of minerals in the country. IMF –
recommended structural adjustment programmes and macro-economic
measures have started to help the economy
grow and diversify.
Contentious Issues
Mali has
no major issues with neighbors.
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Capital: Bamako
Area: 1 240 000 km²
Population: 11 134 000
Currency: 1 US$ = 600 CFA
GDP: 172/543$
HDI : 171/229
Languages: French, Bambara, Senoufo, Sarakole, Dogon, Songhai,
Tuareg, Arab
Ethnic groups: Bambara, Fulani, Tuareg, Soninka, Sénoufi, Songhai,
Malinké
Religions: Muslim 80%, Animist 18%, Christian 2%
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