Badr Ali Koulibaly, the Inspector General of State Services in Mali, announced today, Friday, the possibility of Mali stopping the use of the West African franc as its official currency this year.

Koulibaly stated that there is a plan to get rid of the West African franc, affirming his country’s desire not to use it in the future.

General Abdelrahmane Chiani, the head of the National Council for the Defense of the Nation in Niger, had previously agreed to establish a unified currency with Burkina Faso as part of the Sahel Alliance.

Chiani also pointed out the impossibility of continuing to use the West African franc because France considers it as its “milking cow.
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