International community pledges 3.25 billion Euros to help rebuild MaliListen /
International partners pledged a total of €3.25 billion in support of Mali development plan.
The International partners have pledged to support the country's political transition and development process, at a conference organized jointly by the Governments of Mali and France with the European Union.
The funds will contribute to Mali's sustainable recovery plan, which aims to restore the country's territorial integrity and promote peace, security and reconciliation, paving the way for inclusive growth and long-term development. The overall cost of the Recovery Plan is €4.3 billion.
UN Development Programme (UNDP) Associate Administrator Rebeca Grynspan, who represented the UN Secretary-General Ban Ki-moon at the event, said that "Addressing the crisis in Mali goes beyond addressing security threats", adding that "It will require tackling deep-rooted political, social and development challenges".
Ms. Grynspan said that "we count on our Malian partners to use this opportunity to promote a sustainable and inclusive political process that will lead to improved governance".
Mali is expected to organize presidential elections in July which are considered as a key step in the transition process.
The UN has adopted a joint framework, aligned with the country's recovery plan, which aims to support the country in the areas of good governance, sustainable peace and access to basic social services.
Donn Bobb, United Nations.