Niger: Staff Report for the 2014 Article IV Consultation and Fourth and Fifth Reviews Under the Extended Credit Facility Arrangement and Request for Waiver of Nonobservance of Performance Criteria and Modification of Performance Criteria

March 11, 2015

Preview Citation

Format: Chicago

Niger: Staff Report for the 2014 Article IV Consultation and Fourth and Fifth Reviews Under the Extended Credit Facility Arrangement and Request for Waiver of Nonobservance of Performance Criteria and Modification of Performance Criteria, (USA: International Monetary Fund, 2015) accessed November 24, 2024

Also available in: français

Summary

This 2014 Article IV Consultation highlights that Niger’s overall macroeconomic performance has been broadly satisfactory. After the economic slowdown in 2013 owing to the regional security situation and adverse climatic conditions, economic growth has rebounded in 2014. Inflation has been contained, in part owing to the government’s efforts to improve food security and the functioning of food markets. However, program performance has been mixed, as a combination of unexpected security and food expenditures and a shortfall in external financing have strained fiscal management. In the near term, containing the fiscal deficit through measures to improve tax policy and administration, reform customs administration, and reduce exemptions is essential to ensure sustainability.

Subject: Expenditure, External debt, Food security, Government debt management, Poverty, Public debt, Public financial management (PFM)

Keywords: CR, Debt, Deficit, ECF review, Envisaged revenue administration measure, Expenditure pressure, Financing, Food expenditure, Food security, Government debt management, IMF arrangement, ISCR, Public finance management, Real GDP, Sub-Saharan Africa, West Africa

Publication Details

Pages:

108
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/063
Stock No:

1NEREA2015001
ISBN:

9781475586800
ISSN:

1934-7685

Notes

Also Available in French

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