IMF and Niger authorities agreed on 4th and 5th reviews of Niger's economic program, projecting 10.6% growth in 2024, with $26.1m and $45.
IMF and Niger authorities reached a staff-level agreement on the fourth and fifth reviews of Niger's economic program under ECF and the first review under RSF. The economic outlook is promising, with projected growth of 10.6% in 2024, subject to downside risks such as climate shocks and security issues. The completion of ECF reviews will allow disbursement of $26.1m, while completing the first review of RSF will allow disbursement of $45.3m. Increasing domestic revenue mobilization through tax system simplification and oil revenue management strategy is crucial for funding priority social and security spending.
June 01, 2024
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