Mali is a constitutional democracy governed by the constitution of January 12, 1992, which was amended in 1999. The constitution provides for a separation of powers among the executive, legislative, and judicial branches of government. The system of government can be described as “semi-presidential.”
Mali is one of the poorest countries in the world. The average worker’s annual salary is approximately US$1,500. Between 1992 and 1995, Mali implemented an economic adjustment program that resulted in economic growth and a reduction in financial imbalances. The program increased social and economic conditions, and led to Mali joining the World Trade Organization on May 31, 1995. Mali’s key industry is agriculture. Cotton is the country’s largest crop export and is exported west throughout Senegal and the Ivory Coast. Mali produces rice, millet, corn, vegetables, tobacco, and tree crops. Gold, livestock and agriculture amount to eighty percent of Mali’s exports.
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Country Population: 13,518,000
Country Capital: Bamako
Country Currency: West African CFA franc