Niger: 2013 First Review Under the Three-Year Arrangement Under the Extended Credit facility and Request for a Waiver of Nonobservance of Performance Criterion-Staff Report; Staff Supplements; and Press Release

April 30, 2013

Preview Citation

Format: Chicago

Niger: 2013 First Review Under the Three-Year Arrangement Under the Extended Credit facility and Request for a Waiver of Nonobservance of Performance Criterion-Staff Report; Staff Supplements; and Press Release, (USA: International Monetary Fund, 2013) accessed November 21, 2024

Also available in: français

Summary

Economic activity was buoyant in Niger thanks to a new oil project, contributing to a strengthened external account and a rebound in agricultural production. Economic developments, however, remained vulnerable to climatic shocks and the fragile security situation in the region. Fiscal developments were affected by shortfalls in oil and customs revenue credit to the private sector. The government budget has been made with the objective of maintaining macroeconomic stability while advancing development. The implementation of the financial sector development strategy and poverty reduction strategy is required.

Subject: Capital spending, Credit, Expenditure, External debt, Financial institutions, Loans, Public debt

Keywords: Capital spending, CR, Debt ratio, Debt service, GDP, Global, IMF staff estimate, ISCR, Loan, Loans, Natural resource sector, Real GDP, Revenue weakness, SDR equivalent, West Africa

Publication Details

Pages:

75
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/104
Stock No:

1NEREA2013001
ISBN:

9781484342695
ISSN:

1934-7685

Notes

Also available in French

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