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Niger : Eighth Review Under the Extended Credit Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria and for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the ED.
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ISBN: 1475573731 1475583664 Year: 2016 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

This paper discusses Niger’s Eighth Review Under the Extended Credit Facility (ECF) Arrangement and Request for Waivers of Nonobservance of Performance Criteria (PC) and for Modification of PCs. Niger’s medium-term prospects are closely linked to returns on major projects in oil and mineral extraction that are under way. Two of the end-2015 PC for the eighth ECF review were missed (on domestic financing and domestic arrears repayment), as were several indicative targets. The IMF staff supports the authorities’ request for waivers for the unmet PC on domestic financing and domestic arrears repayments at end-December 2015.

Keywords

Economic development --- Niger --- Economic policy. --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- République du Niger --- Nayjar --- Nījar --- Republic of Niger --- Ni-jih-erh --- Jamhuriyar Nijar --- نيجر --- Nícher --- Republica de Nícher --- Níxer --- República de Níxer --- Niger Respublikası --- Нігер --- Niher --- Рэспубліка Нігер --- Rėspublika Niher --- Republika Niger --- Нигер --- Република Нигер --- República del Níger --- Gweriniaeth Niger --- Republikken Niger --- Republik Niger --- Nigeri Vabariik --- Νίγηρας --- Nigēras --- Δημοκρατία του Νίγηρα --- Dēmokratia tou Nigēra --- Republic of the Niger --- ニジェール --- Nijēru --- Budgeting --- Macroeconomics --- Public Finance --- Industries: Energy --- Natural Resource Extraction --- National Government Expenditures and Related Policies: General --- Taxation, Subsidies, and Revenue: General --- National Budget --- Budget Systems --- National Government Expenditures and Related Policies: Infrastructures --- Other Public Investment and Capital Stock --- Debt --- Debt Management --- Sovereign Debt --- Public finance & taxation --- Budgeting & financial management --- Extractive industries --- Petroleum, oil & gas industries --- Expenditure --- Revenue administration --- Budget planning and preparation --- Capital spending --- Public financial management (PFM) --- Expenditures, Public --- Revenue --- Budget --- Capital investments --- Finance, Public

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