International Monetary Fund (IMF) Executive Board Concludes the Third Review of Niger’s Extended Credit Facility Arrangement and Approves US$ 131.5 Million under the Resilience and Sustainability Facility Arrangement

The ECF supported program aims at buttressing macroeconomic stability while laying the foundations for stronger and more inclusive growth

The IMF Executive Board concluded today the third review under the Extended Credit Facility Arrangement for Niger, allowing for an immediate disbursement of about US$ 26.3 million. The program was extended by six months to June 2025 to ensure sufficient time to implement key reforms and support the authorities’ fiscal…

International Monetary Fund (IMF) and Niger Reach Staff-Level Agreement on the Third Review of the Extended Credit Facility and a New Program under the Resilience and Sustainability Facility

The Nigerien authorities and the IMF team reached a staff-level agreement on the third review of Niger’s economic program under the Extended Credit Facility and a new program under the Resilience and Sustainability Facility

IMF Staff and Nigerien Authorities have reached an agreement at the staff level on the third review of Niger's economic program under the Extended Credit Facility (ECF) and a new program under the Resilience and Sustainability Facility (RSF); The economic outlook is favorable over the near and medium term, with…

International Monetary Fund (IMF) Staff Reaches Staff-Level Agreement on the Second Review of the Extended Credit Facility for Niger and Conducts the 2022 Article IV Consultation

An International Monetary Fund (IMF) staff team led by Mr. Antonio David held meetings from October 5 to November 2, 2022

IMF Staff and Nigerien Authorities have reached an agreement at the staff level on the second review of Niger's economic program under the Extended Credit Facility (ECF); Economic activity is expected to recover this year, should keep momentum in 2023, and accelerate over the medium-term, driven by higher oil production…

Coronavirus – Niger: International Monetary Fund (IMF) Executive Board Approves a US$114.49 Million Disbursement to Niger to address the COVID-19 Pandemic

The government of Niger has acted quickly to put in place containment measures and is seeking support from the international community for its crisis response plan

The IMF approved the disbursement of US$114.49 million (SDR83.66 million) to be drawn under the Rapid Credit Facility to help Niger cope with the COVID-19 pandemic; The pandemic is inflicting significant economic damage on growth, public finances, and the balance of payments; The government of Niger has acted quickly to…

International Monetary Fund (IMF) Staff Completes Review Mission to Niger

Fiscal policy is geared toward striking the difficult balance between attending to public needs and supporting macroeconomic stability

Implementation of the government’s reform program has been satisfactory despite a challenging environment; Economic growth is solid thanks to important large-scale projects. Ensuring that the local private sector benefits from them is central to improve living standards; Fiscal policy is geared toward striking the difficult balance between attending to public…

IMF Executive Board Completes the Fourth Review Under the Extended Credit Facility Arrangement, Approves a US$ 47.0 Million Disbursement, and Concludes the 2019 Article IV Consultation with Niger

The formal local private sector needs strengthening to ensure sustainably higher living standards and provide jobs for Niger’s rapidly growing labor force

Program implementation as been broadly satisfactory with public finances strengthening as planned, progress with the implementation of the structural reform agenda, and some slippages in the clearance in domestic payment arrears. Economic growth strengthened in 2018 and the outlook is promising thanks to the start of several large-scale projects by…

IMF Staff Completes Program Review and Article IV Mission to Niger

IMF Mission reached a staff level agreement with the authorities on economic and financial policies that could support the completion of the fourth program review

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this…

International Monetary Fund Staff Completes Visit to Niger

Real GDP is expected to grow by 5.2 percent in 2018, driven mainly by energy and service sectors, and construction activity related to preparations for the 2019 African Union Summit

Staff-level agreement was reached with the authorities on economic and financial policies that could support completion of the second program review Economic activity expanded by 4.9 percent in 2017, with growth of 5.2 percent expected for 2018. Performance in implementing the government’s program supported by the IMF under the Extended…

IMF Executive Board Completes First Review of Niger’s Extended Credit Facility Arrangement and Approves US$19.9 Million

Growth is expected to reach 5.2 percent in 2017, mainly on the back of strengthening hydrocarbon and services sectors, and robust credit growth

On December 15, 2017, the Executive Board of the International Monetary Fund (IMF) completed the first review of Niger’s economic performance under the program supported by the Extended Credit Facility (ECF) arrangement, and considered and endorsed the staff appraisal without a meeting.[1] Despite security challenges and unfavorable commodity prices, economic…

IMF Staff Concludes Visit to Nigeria

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. This mission will not result in a…