
Niger, grappling with economic hardship under regional sanctions imposed following a July military coup, announced Friday the reinstatement of a tax on international calls. This measure, along with a new budget and economic initiatives, aims to shore up the nation’s finances amid ongoing challenges.
In a statement broadcasted on state television, the government confirmed the reintroduction of the charge on incoming international calls. This tax, previously abolished in 2022, is now deemed “useful” in light of the “illegal and inhumane sanctions” imposed upon the country. While the specific amount per call remains undisclosed, the government estimates the tax could generate over 20 billion CFA francs ($33 million) annually, providing a much-needed boost to the state’s coffers.
Furthermore, Niger unveiled a 4.4-billion-dollar budget for 2024, designed to navigate the complexities of the sanctioned environment. The budget prioritizes supporting the private sector, bolstering domestic production, and cracking down on fraud and tax evasion. These measures aim to stimulate economic growth and alleviate the pressure on public finances.
The Economic Community of West African States (ECOWAS) implemented stringent economic and financial sanctions on Niger in July 2023 following the ouster of President Mohamed Bazoum. These sanctions have had a significant impact, contributing to rising food prices and shortages of essential items like medicine, particularly concerning in a nation already grappling with poverty.
The government’s efforts to address these challenges through the reinstated tax, new budget, and economic initiatives demonstrate its commitment to navigating the difficult post-coup landscape. However, the success of these measures will depend on their effectiveness in generating revenue, promoting domestic production, and alleviating the burdens placed on ordinary citizens by the sanctions. Niger’s path to economic recovery under these constraints remains complex, but the government’s proactive approach suggests a determination to overcome the current hardships and steer the nation towards a more stable future.