Niger : Second Review Under the Extended Credit Facility Arrangement, and Request for Modification of a Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Niger

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

June 12, 2018

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses Niger’s Second Review under the Extended Credit Facility (ECF) Arrangement, and Request for Modification of a Performance Criterion (PC). With all PCs met, implementation has been satisfactory, except for the large miss of the indicative target on fiscal revenue augmentation—an important concern, considering that it is instrumental for fiscal consolidation and fiscal space to address pressing social and infrastructure needs. The indicative target on domestic arrears clearance in the first quarter of 2018 was also missed, but by less than the overperformance in 2017. The structural reform agenda is advancing, though more slowly than envisaged. The IMF staff supports the conclusion of the second review under the ECF.

Series:

Country Report No. 18/166

Subject:

English

Publication Date:

June 12, 2018

ISBN/ISSN:

9781484361030/1934-7685

Stock No:

1NER2018001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

70

Please address any questions about this title to publications@imf.org