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Niger cuts 2023 budget by 40% as post-coup sanctions bite

Niger cuts 2023 budget by 40% as post-coup sanctions bite

NIGER has cut its planned spending in 2023 by 40% because of international sanctions imposed after the military took power in a July coup, further hobbling the economy in one of the world's poorest countries, the junta said in a televised statement. The statement said this year's budget, initially forecast at 3.29 trillion CFA francs ($5.3 billion), was slashed to 1.98 trillion, without detailing where the cuts would fall. Soldiers from the presidential guard detained President Mohamed Bazoum on July 26 and set up a transitional government, one of the recent coups in West Africa's Sahel region. The takeover prompted…
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US isolated in the UN Security Council

US isolated in the UN Security Council

MICHELLE NICHOLS THE United States has been further isolated over its bid to reimpose international sanctions on Iran with 13 countries on the 15-member U.N. Security Council expressing their opposition, arguing that Washington's move is void given it is using a process agreed under a nuclear deal that it quit two years ago. In the 24 hours since U.S. Secretary of State Mike Pompeo said he triggered a 30-day countdown to a return of U.N. sanctions on Iran, including an arms embargo, long-time allies Britain, France, Germany and Belgium as well as China, Russia, Vietnam, Niger, Saint Vincent and the…
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