This initiative comes as Mali faces series of complex challenges.
Mali has received crucial support from the International Monetary Fund (IMF) in the form of $120 million in emergency aid, announced on 29 April.
This financial injection is aimed at alleviating growing food insecurity and stabilising a weakened economy.
According to the IMF, a significant proportion of this assistance will be allocated to the import of essential foodstuffs. This measure will help to alleviate the plight of the Malian population, which is suffering from spiralling prices and food shortages.
At the same time, support for cash transfers to households is essential to maintain national economic stability.
This injection of emergency funds is likely to have a significant impact on the humanitarian situation in Mali. By guaranteeing food supplies and strengthening cash transfer mechanisms, this agreement could also help to alleviate the suffering of the most vulnerable populations.
This initiative comes at a time when Mali is facing a series of complex challenges. Persistent insecurity in some parts of the country is compromising food security and hampering economic development. In addition, the devastating effects of climate change are being felt through irregular agricultural seasons, exacerbating the food crisis.
Finally, soaring commodity prices on the international market are exacerbating local economic difficulties.
MD/ac/fss/GIK/APA