WASHINGTON, March 22, 2012 - The African Development Bank Group and the World Bank Group, long-standing development partners of Mali, join the African Union and ECOWAS in condemning the military coup, urging a speedy resolution of the crisis, and calling for the restoration of constitutional government to preserve the development gains of the country and its people. Mali had in recent years made steady economic and social progress, and strengthened its democratic governance. The country was in the final stages of its preparation for democratic elections scheduled to take place next month.
Our development operations are suspended, with the exception of emergency assistance.
We will continue to monitor the situation closely.