Niger: Eighth Review Under the Extended Credit Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria and for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the ED
July 21, 2016
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This paper discusses Niger’s Eighth Review Under the Extended Credit Facility (ECF) Arrangement and Request for Waivers of Nonobservance of Performance Criteria (PC) and for Modification of PCs. Niger’s medium-term prospects are closely linked to returns on major projects in oil and mineral extraction that are under way. Two of the end-2015 PC for the eighth ECF review were missed (on domestic financing and domestic arrears repayment), as were several indicative targets. The IMF staff supports the authorities’ request for waivers for the unmet PC on domestic financing and domestic arrears repayments at end-December 2015.
Subject: Budget planning and preparation, Capital spending, Expenditure, Public financial management (PFM), Revenue administration
Keywords: audit mining revenue, Budget planning and preparation, Capital spending, CR, customs, customs revenue, ECF arrangement, economic development, government, ISCR, macroeconomic objective, procedure, resource revenue, resource sector downturn, revenue collection, Sub-Saharan Africa, West Africa
Pages:
81
Volume:
2016
DOI:
Issue:
247
Series:
Country Report No. 2016/247
Stock No:
1NEREA2016001
ISBN:
9781498379410
ISSN:
1934-7685
