The military regime announced at the start of the month a 40% cut in the 2023 budget due to ‘heavy sanctions’
Sanctions and suspension of international finance and aid have left the economy of Niger, one of the world’s poorest countries, hanging by a thread three months after a military coup on 26 July.The European Union , a key partner for the Sahel nation, had allocated €503m “to improve governance, education and sustainable growth” for Niamey from 2021-2024.
The figures from early October do not take into account the United States suspension of some $500m in aid to Niger.Also receive offers from The Africa Report's partners During the crisis, priority has been given to civil servant salaries to the detriment of public investment, said the WB.
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