{
  "title": "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",
  "publication": "IMF Staff Country Reports, July 21, 2016",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/niger-eighth-review-under-the-extended-credit-facility-arrangement-and-request-for-waivers-44110",
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  "summary": "This paper 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.",
  "sections": [
    {
      "heading": "Overview and purpose",
      "content": "- 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.\n- IMF staff supports the authorities’ request for waivers for the unmet PC on domestic financing and domestic arrears repayments at end-December 2015.\n- Niger’s medium-term prospects are closely linked to returns on major projects in oil and mineral extraction that are under way."
    },
    {
      "heading": "Performance criteria, misses, and indicative targets",
      "content": "- Two of the end-2015 PC for the eighth ECF review were missed (on domestic financing and domestic arrears repayment).\n- Several indicative targets were also missed.\n- IMF staff supports waivers for the unmet PC on domestic financing and domestic arrears repayments at end-December 2015."
    },
    {
      "heading": "Policy themes and subject areas",
      "content": "- Subject: Budget planning and preparation, Capital spending, Expenditure, Public financial management (PFM), Revenue administration\n- 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\n\n---\n\n Content in this bundle\n\n- cr16247\n  - cr16247 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr16247 (PDF){rel=\"external\" type=\"application/pdf\"}\n- cr16247f\n  - cr16247f (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr16247f (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: July 21, 2016",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781498379410.002",
    "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.",
    "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.",
    "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",
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