Niger Cuts its Budget by 40% as Sanctions Bite 

Niger has been forced to cut its budget by 40% over the impact of sanctions and suspension of aid after the 26 July coup. <br />There are fears that the sanctions may worsen the economic situation in Niger - one of the world’s poorest countries. <br />The military junta announced a 2023 budget cut from $5.3bn to $3.2bn, although details of the cuts are lacking. <br />At least 40% of the West African country's budget support this year was expected to come from external partners. <br />The import-dependent country has recorded soaring food and commodity prices and a limited supply of medicines, owing to trade restrictions.<br /><br />This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at <a href="https://www.spreaker.com/show/4166630/advertisement">https://www.spreaker.com/show/4166630/advertisement</a>