Niger: First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Requests for Waiver of Nonobservance of Performance Criteria and Augmentation of Access—Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Niger
February 6, 2006
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Niger’s First Review Under the Poverty Reduction and Growth Facility, and Requests for Waiver of Nonobservance of Performance Criteria and Augmentation of Access are discussed. The sharp rise in food prices pushed up inflation in 2005, while the food shortage affected one-fourth of the population, resulting in malnutrition and the spread of diseases, especially among children. Increased drought-related imports and a significant deterioration in the terms of trade, mainly because of higher oil prices, have weakened Niger’s external position.
Subject: Arrears, Capital spending, Expenditure, External debt, Poverty, Poverty reduction strategy, Total expenditures
Keywords: Arrears, Capital spending, CR, customs administration reform, economy, financing, government, government finances, IMF support, ISCR, Poverty reduction strategy, PRGF arrangement, PRGF loan, Total expenditures, West Africa
Pages:
63
Volume:
2006
DOI:
Issue:
040
Series:
Country Report No. 2006/040
Stock No:
1NEREA2006001
ISBN:
9781451828696
ISSN:
1934-7685
