Niger: Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waiver and Modification of Performance Criteria: Staff Report; Staff Statement and Supplements; Press Release on the Executive Boar

Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waiver and Modification of Performance Criteria: Staff Report; Staff Statement and Supplements; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Niger

Author: International Monetary Fund

Volume/Issue: Volume 2007 Issue 261

Publication date: July 2007

ISBN: 9781451828771

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Topics covered in this book

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Banks and Banking , Public Finance , Public Policy - Social Services and Welfare , ISCR , CR , commitment of the Republic of Niger , priority investment fund , staff appraisal , government , memorandum of economic policy , minister of economy , Mining sector , Poverty reduction strategy , West Africa , Sub-Saharan Africa

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Summary

Niger’s Fourth Review Under the Poverty Reduction and Growth Facility and Request for Waiver and Modification of Performance Criteria are examined. Economic growth in 2006 has been satisfactory at 4.8 percent, owing to a good harvest for the second year in a row, and strong mining, telecommunications, and construction activities. Inflation has been low, and food security improved, partly because of continued donor support. The fiscal deficit in 2006 has been smaller than programmed because of underspending and exceptional mining receipts.