Niger: Third Review Under the Extended Credit Facility Arrangement, Request for Waiver of Nonobservance of Performance Criterion, and Request for Augmentation of Access-Press Release; Staff Statement; and Statement by the Executive Director for Niger
IMF Staff Country Reports, December 19, 2018
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- Canonical URL
- Niger: Third Review Under the Extended Credit Facility Arrangement, Request for Waiver of Nonobservance of Performance Criterion, and Request for Augmentation of Access-Press Release; Staff Statement; and Statement by the Executive Director for Niger
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Bibliographic details
- Published: December 19, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484391433.002
Overview and key findings
- Niger faces daunting development challenges, aggravated by terrorist incursions, low uranium export prices, and climate change.
- GDP grew by a respectable 5 percent in the past two years.
- GDP should average 7 percent over the next five years thanks to reforms, substantial donor support, several large-scale projects, and a one-time boost from the projected commencement of crude oil exports in 2022.
Projections and drivers of growth
- Past two years: GDP growth of 5 percent.
- Next five years: GDP expected to average 7 percent.
- Major contributors to projected growth:
- Reforms (unspecified in the summary).
- Substantial donor support.
- Several large-scale projects.
- One-time boost from projected commencement of crude oil exports in 2022.
Analytical focus and topics covered
- Debt sustainability analysis
- Expenditure
- External debt
- Financial sector policy and analysis
- Public debt
- Stress testing
Keywords (as listed)
- authority
- borrowing policy
- CR
- criterion
- debt
- Debt sustainability analysis
- Executive Board's discussion
- government
- ISCR
- Niger quota
- Nigerien authorities
- state-owned enterprise reform
- Stress testing
- West Africa
Content in this bundle
- Country Report