Niger : First Review Under the Extended Credit Facility Arrangement and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Niger.

Since program approval, Niger has been facing a more challenging international context, including the fall-out from the war in Ukraine, which is exacerbating pressures on food and fertilizer prices. Moreover, unfavorable rainfall and a deterioration in the security situation led to a deceleration of...

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Bibliographic Details
Corporate Author: International Monetary Fund. African Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2022.
Series:IMF Staff Country Reports; Country Report ; No. 2022/227
Subjects:
Online Access:Full text available on IMF
Description
Summary:Since program approval, Niger has been facing a more challenging international context, including the fall-out from the war in Ukraine, which is exacerbating pressures on food and fertilizer prices. Moreover, unfavorable rainfall and a deterioration in the security situation led to a deceleration of growth to 1.3 percent in 2021 and an acute food crisis. A temporary deviation of fiscal deficit targets from the program in 2022-23 is needed to respond to urgent expenditure pressures, while the medium-term outlook is largely unchanged favored by the start of oil exports through the new pipeline.
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Physical Description:1 online resource (89 pages)
Format:Mode of access: Internet
ISSN:2790-4458
Access:Electronic access restricted to authorized BRAC University faculty, staff and students