The World Bank (WB) announced on Wednesday that it was suspending its support for Niger in its entirety, following the most recent coup that overthrew Nigerien President Mohamed Bazoum.

The institution says it has taken this decision because a democratically elected president has been deposed. In fact, support for the African country is dependent on a new order, according to a statement from the bank, quoted by the international press.

Last year, the WB disbursed a total of 1.5 billion dollars for various aid programs, and this year the bank has already delivered 730 million dollars.

The International Monetary Fund, which also has several support programs in Niger, has not yet taken a decision on whether or not it will remain in the country. However, a meeting to review its main programs in Niger is already scheduled for the end of this year.

The latest IMF aid program for Niger, worth 131.5 million dollars, signed on July 5, is not expected to have its first review meeting until the end of the year.

"We are concerned about the political events in Niger and their implications for the country and its people," said an IMF spokeswoman.

Last week, a coup d'état in Niger, led by General Abdourahamane Tiani, overthrew elected president Mohamed Bazoum.