{
  "title": "Niger - Assessment Letter for the African Development Bank",
  "publication": "Policy Papers, October 19, 2012",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/niger-assessment-letter-for-the-african-development-bank-pp4712",
  "canonical": "https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/niger-assessment-letter-for-the-african-development-bank-pp4712",
  "overlayPath": "/en/publications/policy-papers/issues/2016/12/31/niger-assessment-letter-for-the-african-development-bank-pp4712/index.md",
  "summary": "The new three-year ECF arrangement was approved by the Board on March 16, 2012. The economic outlook for 2012 and 2013 is broadly positive, thanks to the coming onstream of oil production and continuing investment in the natural resource sector.",
  "sections": [
    {
      "heading": "Summary / Overview",
      "content": "- The new three-year ECF arrangement was approved by the Board on March 16, 2012.\n- The economic outlook for 2012 and 2013 is described as broadly positive, attributed to:\n  - the coming onstream of oil production, and\n  - continuing investment in the natural resource sector.\n- Downside risks identified include:\n  - the fragile regional security situation, and\n  - climatic shocks."
    },
    {
      "heading": "Program implementation and performance",
      "content": "- Program implementation in 2012 has been mixed.\n- All end-June quantitative performance criteria were met other than the continuous performance criterion on non-concessional borrowing.\n- There were delays in the execution of the structural reform agenda."
    },
    {
      "heading": "Key findings and signals for policy",
      "content": "- Positive growth prospects for 2012 and 2013 are contingent on successful start-up of oil production and ongoing natural resource investment.\n- Fiscal and reform implementation risks arise from:\n  - non-compliance with the continuous performance criterion on non-concessional borrowing, and\n  - delays in structural reforms.\n- External and domestic shocks that could undermine the outlook:\n  - regional security fragility, and\n  - climatic shocks.\n\nSource: Niger - Assessment Letter for the African Development Bank, October 19, 2012.\n\n---\n\n Content in this bundle\n\n- Niger - Assessment Letter for the African Development Bank, October 18, 2012\n  - Niger - Assessment Letter for the African Development Bank, October 18, 2012 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Niger - Assessment Letter for the African Development Bank, October 18, 2012 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/niger-assessment-letter-for-the-african-development-bank-pp4712"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/policy-papers/issues/2016/12/31/niger-assessment-letter-for-the-african-development-bank-pp4712/index.md)",
    "[Structured JSON version](/en/publications/policy-papers/issues/2016/12/31/niger-assessment-letter-for-the-african-development-bank-pp4712/index.json)",
    "[Bundle manifest](/en/publications/policy-papers/issues/2016/12/31/niger-assessment-letter-for-the-african-development-bank-pp4712/bundle-manifest.json)",
    "Published: October 19, 2012",
    "Series: Policy Papers",
    "Stock No: ISBN",
    "The new three-year ECF arrangement was approved by the Board on March 16, 2012.",
    "The economic outlook for 2012 and 2013 is described as broadly positive, attributed to:",
    "Downside risks identified include:",
    "Program implementation in 2012 has been mixed.",
    "All end-June quantitative performance criteria were met other than the continuous performance criterion on non-concessional borrowing.",
    "There were delays in the execution of the structural reform agenda.",
    "Positive growth prospects for 2012 and 2013 are contingent on successful start-up of oil production and ongoing natural resource investment.",
    "Fiscal and reform implementation risks arise from:",
    "External and domestic shocks that could undermine the outlook:",
    "**Niger - Assessment Letter for the African Development Bank, October 18, 2012**"
  ],
  "related": [
    {
      "title": "Niger - Assessment Letter for the African Development Bank, October 18, 2012",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2012/_101812.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2012/_101812.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2012/_101812.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/policy-papers/issues/2016/12/31/niger-assessment-letter-for-the-african-development-bank-pp4712/index.md",
    "json": "/en/publications/policy-papers/issues/2016/12/31/niger-assessment-letter-for-the-african-development-bank-pp4712/index.json",
    "bundleManifest": "/en/publications/policy-papers/issues/2016/12/31/niger-assessment-letter-for-the-african-development-bank-pp4712/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-18T22:29:31.024Z"
}