Niger: First Review under the Three-Year Poverty Reduction and Growth Facility Arrangement

International Monetary Fund

No 2001/138, IMF Staff Country Reports from International Monetary Fund

Abstract: Despite the difficulties of Niger's circumstances, it showed satisfactory performance under the Poverty Reduction and Growth Facility (PRGF) Arrangement. However, a weakening in program implementation and a reassessment of priorities of the program led to slippages. Executive Directors advised the authorities to implement prudent policies in the revised program to avoid financial slippages. The authorities have shown a strong commitment in the preparation of the full Poverty Reduction Strategy Paper. Directors agreed that Niger has completed the first review under the PRGF Arrangement, and granted waivers.

Keywords: ISCR; CR; PRGF arrangement; expenditure process; payments arrears; grant element; PRGF-supported program; Poverty reduction strategy; Arrears; Debt relief; Budget planning and preparation; West Africa (search for similar items in EconPapers)
Pages: 32
Date: 2001-08-09
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