Niger: Staff Report for the 2000 Article IV Consultation and Request for a Three-Year Arrangement under the Poverty Reduction and Growth Facility
IMF Staff Country Reports, January 12, 2001
Source details
- Canonical URL
- Niger: Staff Report for the 2000 Article IV Consultation and Request for a Three-Year Arrangement under the Poverty Reduction and Growth Facility
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Bibliographic details
- Published: January 12, 2001
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451828535.002
Executive summary
- Niger experienced a significant program interruption.
- Executive Directors supported resuming the interrupted economic and structural reform program.
- Priority goals included restoring budgetary transparency, improving governance, and accelerating structural reforms.
- Directors welcomed efforts to resume financial relations with development partners and to maintain social and political stability.
- Emphasis was placed on fiscal consolidation and monitoring banks' compliance with prudential regulations.
- Authorities were urged to continue improving the quality and timeliness of data, including social data.
Key findings and analysis
- Program interruption: The report identifies a significant interruption in the program as a central problem affecting reform momentum.
- Governance and transparency: Restoring budgetary transparency and improving governance are highlighted as essential to program credibility and partner engagement.
- Financial relations and stability: Resumption of financial relations with development partners and maintenance of social and political stability are seen as complementary to reform progress.
- Banking sector oversight: Monitoring banks' compliance with prudential regulations is emphasized to safeguard financial stability.
- Data quality: Incomplete or untimely data—particularly social statistics—undermine policy monitoring and evaluation.
Policy recommendations and priorities
- Resume and sustain the economic and structural reform program that was interrupted.
- Restore budgetary transparency as a foundation for fiscal and donor confidence.
- Improve governance across public institutions to facilitate reforms and relations with partners.
- Accelerate structural reforms to support growth and poverty reduction objectives.
- Pursue fiscal consolidation to ensure macroeconomic stability.
- Strengthen monitoring of banks' compliance with prudential regulations to reduce financial sector risks.
- Enhance the quality and timeliness of statistical data, inclusive of social data, to support policy design and monitoring.
Subjects and keywords
- Subjects: Arrears, Asset and liability management, Debt relief, Expenditure, External debt, Poverty, Poverty reduction, Poverty reduction strategy, Structural reforms
- Keywords: Arrears, authority, CR, Debt relief, equivalent, expenditure priority, government, IMF Deputy managing director, ISCR, payments arrears, Poverty reduction, Poverty reduction strategy, privatization program, program, reform program, Sub-Saharan Africa, West Africa
International Monetary Fund. "Niger: Staff Report for the 2000 Article IV Consultation and Request for a Three-Year Arrangement under the Poverty Reduction and Growth Facility", IMF Staff Country Reports 2001, 015 (2001).