Niger: Eighth Review Under the Extended Credit Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria and for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the ED
IMF Staff Country Reports, July 21, 2016
Source details
- Canonical URL
- Niger: Eighth Review Under the Extended Credit Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria and for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the ED
Other formats
Bibliographic details
- Published: July 21, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781498379410.002
Overview and purpose
- Discusses Niger’s Eighth Review Under the Extended Credit Facility (ECF) Arrangement and Request for Waivers of Nonobservance of Performance Criteria (PC) and for Modification of PCs.
- IMF staff supports the authorities’ request for waivers for the unmet PC on domestic financing and domestic arrears repayments at end-December 2015.
- Niger’s medium-term prospects are closely linked to returns on major projects in oil and mineral extraction that are under way.
Performance criteria, misses, and indicative targets
- Two of the end-2015 PC for the eighth ECF review were missed (on domestic financing and domestic arrears repayment).
- Several indicative targets were also missed.
- IMF staff supports waivers for the unmet PC on domestic financing and domestic arrears repayments at end-December 2015.
Policy themes and subject areas
- Subject: Budget planning and preparation, Capital spending, Expenditure, Public financial management (PFM), Revenue administration
- Keywords: audit mining revenue, Budget planning and preparation, Capital spending, CR, customs, customs revenue, ECF arrangement, economic development, government, ISCR, macroeconomic objective, procedure, resource revenue, resource sector downturn, revenue collection, Sub-Saharan Africa, West Africa
Content in this bundle
- _cr16247
- _cr16247f