Niger: Staff Report for the 2001 Article IV Consultation, the Second Review and Second Annual Program Under the Poverty Reduction and Growth Facility Arrangement, and Request for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries

This paper evaluates Niger's 2001 Article IV Consultation, the Second Review and Second Annual Program Under the Poverty Reduction and Growth Facility (PRGF) Arrangement, and a Request for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC). The corrective measures taken by the authorities since June 2001 have been successful in bringing the program back on track. All end-September 2001 quantitative performance criteria and benchmarks were met, except for a small and temporary accumulation of external payments arrears, for which the authorities are requesting a waiver.
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Volume/Issue: Volume 2002 Issue 035
Publication date: March 2002
ISBN: 9781451828542
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Business and Economics , Political Science , Exports and Imports , Public Finance , Public Policy - Social Services and Welfare , ISCR , CR , development partner , government , pricing system , payments arrears , expenditure process , PRGF arrangement , petroleum product pricing system , Poverty reduction strategy , Arrears , Budget planning and preparation , West Africa

Summary

This paper evaluates Niger’s 2001 Article IV Consultation, the Second Review and Second Annual Program Under the Poverty Reduction and Growth Facility (PRGF) Arrangement, and a Request for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC). The corrective measures taken by the authorities since June 2001 have been successful in bringing the program back on track. All end-September 2001 quantitative performance criteria and benchmarks were met, except for a small and temporary accumulation of external payments arrears, for which the authorities are requesting a waiver.