The state will reserve 0.25 percent of tax earnings for political parties in Mali, under laws passed last week by parliament, news organisations reported.
Parties that present justified accounts within a given period will receive 20 percent of the total allocation, while 40 percent will go to those with seats in the national assembly and 40 percent to municipal councillors, AFP reported.
The legislators also scaled down penalties for libel from jail terms to fines while people convicted of offences against the president, ministers and public institutions now face 3 to 12 months in prison rather than 6 months to five years.
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