Niger: 2022 Article IV Consultation and Second Review under the Extended Credit Facility Arrangement, and requests for a Waiver of Non-observance of Performance Criterion and Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Niger
IMF Staff Country Reports, January 18, 2023
Source details
- Canonical URL
- Niger: 2022 Article IV Consultation and Second Review under the Extended Credit Facility Arrangement, and requests for a Waiver of Non-observance of Performance Criterion and Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Niger
Other formats
Bibliographic details
- Published: January 18, 2023
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400229336.002
Macroeconomic outlook and growth prospects
- Niger’s near and medium-term economic outlook remains broadly favorable.
- Growth is "expected to bounce back this year and accelerate thereafter driven by private investment and oil exports through the new pipeline."
- Despite the rebound and acceleration, Niger "continues to face daunting development challenges."
Risks and vulnerabilities
- Niger is "exposed to a deteriorating security situation in the Sahel and recurrent climate shocks."
- Development challenges persist despite favorable near-term growth projections.
Program performance and reforms
- "Program performance has been broadly on track."
- "Overall macroeconomic performance is satisfactory."
- "The implementation of the structural reform agenda is gaining momentum, including on governance-related issues."
Key priorities and policy recommendations
- Improve domestic revenue mobilization.
- Improve spending quality.
- Create an enabling environment for economic diversification and private sector development.
- These priorities are highlighted as central to building resilience to shocks.
IMF Staff Report, January 18, 2023.
Content in this bundle
- 1nerea2023001