Niger: 2016 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Niger

IMF Staff Country Reports, February 24, 2017

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Niger: 2016 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Niger

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Bibliographic details

• Published: February 24, 2017
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781475582871.002

Summary

• The 2016 Article IV Consultation reviews Niger’s macroeconomic outcomes amid security and humanitarian shocks, weak commodity prices, and reduced trade flows to neighboring countries.
• The medium-term economic outlook is described as favorable but subject to substantial external and domestic risks.

Macroeconomic outcomes and risks

• Macroeconomic performance continues to be affected by:
  • security and humanitarian shocks,
  • weak commodity prices,
  • reduced trade flows to neighboring countries.
• The outlook is vulnerable to substantial external and domestic risks.

Growth projections and key statistics

• Growth for 2016 is projected at 4.6 percent.
• Growth recorded in 2015 was 3.5 percent.
• Growth is projected to increase to 5.2 percent in 2017.
• Growth is projected to average 6.0 percent during 2018–21.
• The 2016 growth projection (4.6 percent) is noted as only just above the rate of population growth.

Drivers of medium-term growth

• The projected strengthening in growth during 2018–21 is mainly attributed to:
  • expansion of the extractive industries sector,
  • an increase in public and private investments.

Thematic focus areas (as listed)

• Expenditure
• External debt
• Government debt management
• Public debt
• Public financial management (PFM)
• Revenue administration

Keywords (as listed)

• capital project
• CR
• expenditure net
• government
• Government debt management
• IMF quota
• ISCR
• net
• outlay
• priority spending
• reform agenda
• Sub-Saharan Africa
• West Africa

International Monetary Fund. African Dept. "Niger: 2016 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Niger", IMF Staff Country Reports 2017, 059 (2017).

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• Country Report
  • Country Report (Markdown version)
  • Country Report (PDF)