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The West African state’s total debt default since last July’s coup is now $519m.
Niger missed a debt payment of 13.4 billion CFA francs ($22m) last week, the West African debt management agency said on Monday, bringing the total default to some $519m since a July coup and its suspension from regional financial markets.
The West African monetary union debt management agency UMOA-Titres said in a statement that Niger had failed to make a repayment of principal which was due on February 16. It previously missed payments in August, November, January and February.
UMOA-Titres noted that this…
