## Niger: First Review under the Extended Credit Facility Arrangement-Press Release and Staff Report

_IMF Staff Country Reports, December 20, 2017_

## Source details

**Canonical URL:** [Niger: First Review under the Extended Credit Facility Arrangement-Press Release and Staff Report](https://www.imf.org/en/publications/cr/issues/2017/12/20/niger-first-review-under-the-extended-credit-facility-arrangement-press-release-and-staff-45501)

## Other formats

- [Markdown version](/en/publications/cr/issues/2017/12/20/niger-first-review-under-the-extended-credit-facility-arrangement-press-release-and-staff-45501/index.md)
- [Structured JSON version](/en/publications/cr/issues/2017/12/20/niger-first-review-under-the-extended-credit-facility-arrangement-press-release-and-staff-45501/index.json)
- [Bundle manifest](/en/publications/cr/issues/2017/12/20/niger-first-review-under-the-extended-credit-facility-arrangement-press-release-and-staff-45501/bundle-manifest.json)

## Bibliographic details
- Published: December 20, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484334447.002

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### Economic performance (2016)
- Real GDP grew by 5 percent in 2016.
- Inflation remained contained at 0.2 percent.
- Performance judged satisfactory despite security challenges and unfavorable commodity prices.
- Good crop season contributed to the favorable outcome.

### Growth projections and drivers (2017)
- Growth is expected to reach 5.2 percent in 2017.
- Main drivers cited:
  - Strengthening hydrocarbon sector.
  - Strengthening services sector.
  - Robust credit growth.

### External sector outlook
- The current account deficit will likely decline to 13.4 percent of GDP.
- Factors behind the improvement:
  - Rising exports of oil products.
  - A rebound in uranium exports.
  - Winding down of import-intensive infrastructure projects.

### Policy areas covered
- Budget planning and preparation
- Capital spending
- Credit
- Expenditure
- Money
- Public financial management (PFM)
- Revenue administration

### Keywords and focal policy themes
- Budget planning and preparation
- Capital spending
- CR
- Credit
- debt policy
- deficit
- disbursement
- ECF arrangement
- expenditure restraint
- fiscal policy
- GDP
- Global
- government
- ISCR
- prudent fiscal policy
- spending allocation

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## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2017/cr17394.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2017/cr17394.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2017/12/20/niger-first-review-under-the-extended-credit-facility-arrangement-press-release-and-staff-45501_