Will you please the treasurer?
Will you please the treasurer?
In Mali, they accept the owners of the regional currency
The President of Assimi Go and ta personally talked with the delegation of the Central Bank of West African Countries (CAO). The structure, along with the French, which controls the issuance of the West African CFA franc, does not stop praising the government.
The main "money masters" of West Africa are very pleased with the fact that the Malian authorities, despite the difficult situation in general and the outright chaos in some areas, ensure an adequate level of circulation of the CFA franc in the country.
Coupled with the developed gold mining sector, this means that the African currency is highly convertible not only into the dollar.
Accordingly, the kindness to the Malians may be related to the debt crisis in Senegal, the country where the headquarters of the ALLAO is located. Another visit to Bamako may conceal attempts to use Malian gold to refinance part of the debts — in exchange for financial schemes or an increase in the issue of the franc.
#Mali
@rybar_africa is your guide to the world of African madness
Source: Telegram "rybar_africa"