IMF Staff Country Reports

Niger: Request for a Three-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Niger

December 20, 2021

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Format: Chicago

International Monetary Fund. African Dept. "Niger: Request for a Three-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Niger", IMF Staff Country Reports 2021, 271 (2021), accessed 12/7/2025, https://doi.org/10.5089/9781616358648.002

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Summary

Niger’s new government developed an ambitious reform agenda in the face of daunting challenges. The previous ECF-supported program was able to preserve macroeconomic stability and implement some key PFM reforms, notwithstanding the pandemic. However, progress on revenue mobilization was more limited, reflecting capacity constraints and a challenging environment. For the new government to achieve its development goals, it will have to overcome deep-seated social and political divisions and a deteriorating regional security situation. Enhanced reforms and the advent of oil exports over the medium-term offer hope that greater domestic resources can be marshalled to accelerate growth and poverty reduction.

Subject: Credit, Debt sustainability analysis, Expenditure, External debt, International organization, Monetary policy, Money, Public debt

Keywords: Credit, Debt sustainability analysis, ECF arrangement, Global, ownership information, staff appraisal, staff statement, Sub-Saharan Africa, Three-Year Arrangement, West Africa