A military junta overthrew Niger’s democratically elected president and his government on July 26. Read more at straitstimes.com.
WASHINGTON - The World Bank on Wednesday said it was “alarmed” by efforts to overthrow the democratically elected government in Niger, and had suspended disbursements in the African country until further notice, except for private-sector partnerships.
Niger has one of the largest World Bank portfolios in Africa, amounting to US$4.5 billion covering the country’s priority sectors, and it has also received US$600 million in direct budget support from the bank between 2022 and 2023. “The World Bank believes that peace, stability, and rule of law are fundamental for creating a world free of poverty on a livable planet. We are alarmed by efforts to overthrow the democratically elected government in Niger,” it said in a statement.
“As a result, the World Bank has paused disbursements for all operations until further notice other than private sector partnerships which will continue with caution.”“We are driven by the ambition to improve the quality of life and opportunities for the people of Niger,” it added.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
France says it will evacuate its citizens from Niger on TuesdayThe coup has raised fears for the security of the Sahel region. Read more at straitstimes.com.
Read more »
Macron’s Africa strategy in tatters as bet on Niger unravelsParis has faced local protests and criticism over its continued presence in its ex-colonies. Read more at straitstimes.com.
Read more »
France launches evacuation flights from coup-hit NigerNIAMEY: The first of three flights to evacuate French and European citizens from Niger lifted off Tuesday evening (Aug 1), six days after a coup toppled one of the last pro-Western leaders in the militant-plagued Sahel. 'There are 262 people on board the plane, an Airbus A330, including a dozen babies,' Fr
Read more »
West African bloc sends mission to Niger to negotiate with coup leadersThe regional bloc is threatening to use force if President Mohamed Bazoum is not reinstated. Read more at straitstimes.com.
Read more »
US prepares to evacuate some embassy staff, families from NigerUS personnel will be moved out of Niger by aircraft chartered by the State Department, not military planes, said an official. Read more at straitstimes.com.
Read more »
Six Israelis wounded in West Bank shooting, gunman killed: PoliceIsrael has occupied the West Bank since the Six-Day War of 1967. Read more at straitstimes.com.
Read more »