Niger: Request for a Three-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Niger

International Monetary Fund

No 2021/271, IMF Staff Country Reports from International Monetary Fund

Abstract: Niger’s new government developed an ambitious reform agenda in the face of daunting challenges. The previous ECF-supported program was able to preserve macroeconomic stability and implement some key PFM reforms, notwithstanding the pandemic. However, progress on revenue mobilization was more limited, reflecting capacity constraints and a challenging environment. For the new government to achieve its development goals, it will have to overcome deep-seated social and political divisions and a deteriorating regional security situation. Enhanced reforms and the advent of oil exports over the medium-term offer hope that greater domestic resources can be marshalled to accelerate growth and poverty reduction.

Keywords: staff appraisal; staff statement; ownership information; ECF arrangement; Three-Year Arrangement; Debt sustainability analysis; Credit; West Africa; Global; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 103
Date: 2021-12-20
New Economics Papers: this item is included in nep-mac
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