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
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