Browsing: IMF Support to Niger

The IMF and Niger have reached a staff-level agreement on a $53 million loan.
    • The Nigerien Authorities and the Staff of the International Monetary Fund (IMF) have reached an agreement at the staff level on the first review of Niger’s economic programme under the Extended Credit Facility (ECF)
    • This year’s growth is anticipated to pick up to a healthy 6.9 per cent from where it was at the beginning of the year
    • To foster robust and inclusive economic growth, it is more important than ever to maintain the execution of reforms to increase domestic tax mobilisation, the quality of public expenditure, openness, and the fight against corruption

    Niger is receiving approximately US$276 million over the course of a three-year. The loan was granted by the International Monetary Fund (IMF) in December. This loan is intended to assist Niger in recovering from the consequences of the Covid-19 pandemic.

    According to a statement released by the IMF on Tuesday, The International Monetary Fund (IMF) and Niger