Niger: Sixth and seventh Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria, Request for Augmentation of Access, and Extension of the Current Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Niger
December 17, 2015
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This paper discusses Niger’s Sixth and Seventh Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria (PC), Request for Augmentation of Access, and Extension of the Current Arrangement. Niger’s growth slowed in 2015 owing to lower agricultural and natural resource sectors activity. Over the medium term, real economic growth is expected to pick up as major projects in oil and mineral extraction come to fruition. The IMF staff supports the authorities’ request for waivers for the unmet PC on domestic financing and domestic arrears repayments at end-December 2014, and that of domestic financing at end-June 2015.
Subject: Budget planning and preparation, Expenditure, External debt, Government debt management, Public debt, Public financial management (PFM)
Keywords: authorities' resolve, authority, Budget planning and preparation, CR, ECF arrangement, expenditure side, GDP, Government debt management, ISCR, natural resource sector, price, price stabilization program, public finance management, Sub-Saharan Africa, unanticipated expenditure pressure, West Africa
Pages:
98
Volume:
2015
DOI:
Issue:
342
Series:
Country Report No. 2015/342
Stock No:
1NEREA2015003
ISBN:
9781513555584
ISSN:
1934-7685
