Present
Following the withdrawal of Senegal from the federation in August 1960, the former Sudanese Republic became the Republic of Mali on 22 September 1960, with Modibo Keïta as president.
President Modibo Keïta, whose Sudanese Union-African Democratic Rally (US/RDA) party had dominated pre-independence politics (as a member of the African Democratic Rally), moved quickly to declare a single-party state and to pursue a socialist policy based on extensive nationalization. Keïta withdrew from the French Community and also had close ties to the Eastern bloc. A continuously deteriorating economy led to a decision to rejoin the Franc Zone in 1967 and modify some of the economic excesses.
Read more about this topic: History Of Mali, Independence, 1960
Famous quotes containing the word present:
“It cannot be denied that for a society which has to create scarcity to save its members from starvation, to whom abundance spells disaster, and to whom unlimited energy means unlimited power for war and destruction, there is an ominous cloud in the distance though at present it be no bigger than a man’s hand.”
—Arthur Stanley Eddington (1882–1944)
“The present hour is always wealthiest when it is poorer than the future ones, as that is the pleasantest site which affords the pleasantest prospects.”
—Henry David Thoreau (1817–1862)
“As regards the celebrated “struggle for life,” it seems to me for the present to have been rather asserted than proved. It does occur, but as the exception; the general aspect of life is not hunger and distress, but rather wealth, luxury, even absurd prodigality—where there is a struggle it is a struggle for power.”
—Friedrich Nietzsche (1844–1900)