Niger: 2022 Article IV Consultation and Second Review under the Extended Credit Facility Arrangement, and requests for a Waiver of Non-observance of Performance Criterion and Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Niger
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
Niger’s political landscape is broadly stable, but the country continues to face daunting development challenges against a backdrop of fragility, which are exacerbated by a decade of conflict in the Sahel and exposure to climate shocks. Low rainfall in 2021, pushed an estimated 4.4 million people into acute food insecurity this year. Russia’s war in Ukraine added to food, petroleum, and fertilizer price pressures. Economic growth is projected to accelerate from 1.4 percent in 2021 to 7.1 percent this year, driven by private investment and the recovery in agriculture. While debt vulnerabilities have increased, the updated DSA deems debt as sustainable, and the risk of external and overall debt distress is still rated “moderate”.
Series:
Country Report No. 2023/028
Subject:
International organization Monetary policy
Frequency:
regular
English
Publication Date:
January 18, 2023
ISBN/ISSN:
9798400229336/1934-7685
Stock No:
1NEREA2023001
Pages:
138
Please address any questions about this title to publications@imf.org