Niger: Third Review Under the Poverty Reduction and Growth Facility Arrangement and Requests for Modification and Waiver of Performance Criteria

International Monetary Fund

No 2002/192, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper evaluates Niger’s Third Review Under the Poverty Reduction and Growth Facility (PRGF) Arrangement and Requests for Modification and Waiver of Performance Criteria. Performance under the program at end-December 2001 was broadly satisfactory, despite delays in foreign assistance disbursements and recurring weaknesses in program implementation owing to limited institutional capacity. At end-December 2001, eight of the eleven quantitative and structural benchmarks were met. The program remained on track at end-March 2002 as the authorities took expenditure-reducing measures to correct for budgetary slippages that occurred in the last quarter of 2001.

Keywords: ISCR; CR; PRGF loan; IMF Completes Third Review; PRGF arrangement; government; SDR; IMF Completes Third Review of Niger's PRGF arrangement; PRGF-supported program; Nigerien authorities; payments arrears; Poverty reduction strategy; Arrears; Budget planning and preparation; West Africa (search for similar items in EconPapers)
Pages: 68
Date: 2002-09-03
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