{
  "title": "Niger: Sixth and seventh Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria, Request for Augmentation of Access, and Extension of the Current Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Niger",
  "publication": "IMF Staff Country Reports, December 17, 2015",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/niger-sixth-and-seventh-reviews-under-the-extended-credit-facility-arrangement-request-for-43462",
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  "summary": "This paper discusses Niger’s Sixth and Seventh Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria (PC), Request for Augmentation of Access, and Extension of the Current Arrangement.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Publication date: December 17, 2015\n- Single-unit focus: Sixth and Seventh Reviews under the Extended Credit Facility (ECF) arrangement for Niger, including:\n  - Request for waivers of nonobservance of Performance Criteria (PC)\n  - Request for augmentation of access\n  - Request for extension of the current arrangement\n- Key thematic subjects: Budget planning and preparation; Expenditure; External debt; Government debt management; Public debt; Public financial management (PFM)"
    },
    {
      "heading": "Recent macroeconomic developments and outlook",
      "content": "- 2015: Niger’s growth slowed owing to lower agricultural and natural resource sectors activity.\n- Medium-term projection: Real economic growth is expected to pick up as major projects in oil and mineral extraction come to fruition."
    },
    {
      "heading": "IMF staff position and requests",
      "content": "- IMF staff supports the authorities’ request for waivers for the unmet performance criteria (PC):\n  - Unmet PC on domestic financing and domestic arrears repayments at end-December 2014\n  - Unmet PC on domestic financing at end-June 2015\n- Package under consideration includes augmentation of access and extension of the current ECF arrangement."
    },
    {
      "heading": "Fiscal, public finance, and debt issues (as described)",
      "content": "- Emphasis in document on managing unanticipated expenditure pressure and public finance management.\n- Relevant keywords indicating focus areas: authorities' resolve; authority; Budget planning and preparation; CR; ECF arrangement; expenditure side; GDP; Government debt management; ISCR; natural resource sector; price; price stabilization program; public finance management; Sub-Saharan Africa; unanticipated expenditure pressure; West Africa.\n\n---\n\n Content in this bundle\n\n- cr15342\n  - cr15342 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr15342 (PDF){rel=\"external\" type=\"application/pdf\"}\n- cr15342f\n  - cr15342f (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr15342f (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: December 17, 2015",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781513555584.002",
    "Publication date: December 17, 2015",
    "Single-unit focus: Sixth and Seventh Reviews under the Extended Credit Facility (ECF) arrangement for Niger, including:",
    "Key thematic subjects: Budget planning and preparation; Expenditure; External debt; Government debt management; Public debt; Public financial management (PFM)",
    "2015: Niger’s growth slowed owing to lower agricultural and natural resource sectors activity.",
    "Medium-term projection: Real economic growth is expected to pick up as major projects in oil and mineral extraction come to fruition.",
    "IMF staff supports the authorities’ request for waivers for the unmet performance criteria (PC):",
    "Package under consideration includes augmentation of access and extension of the current ECF arrangement.",
    "Emphasis in document on managing unanticipated expenditure pressure and public finance management.",
    "Relevant keywords indicating focus areas: authorities' resolve; authority; Budget planning and preparation; CR; ECF arrangement; expenditure side; GDP; Government debt management; ISCR; natural resource sector; price; price stabilization program; public finance management; Sub-Saharan Africa; unanticipated expenditure pressure; West Africa.",
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