Niger

This paper focuses on Niger’s 2004 Article IV Consultation, Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criterion. Niger’s macroeconomic performance has been satisfactory in 2002 and 2003, notwithstanding the adverse impact of the crisis in Côte d’Ivoire and large fluctuations in agricultural output owing to uneven rainfalls. Real GDP growth is estimated to have increased to 5.3 percent in 2003, from 3.0 percent in 2002, owing to a bumper crop made possible by favorable weather conditions.Announcements;Article IV consultations;Performance criteria waivers;Poverty Reduction and Growth Facility;Staff Reports;expenditure, debt service, public expenditure, debt relief, external debt, medium-term expenditure framework, total expenditure, central bank, balance of payments, capital expenditure, current account, external payments, external payments arrears, budget balance, expenditure framework, medium-term expenditure, mtef, domestic financing, current account deficit, debt management, external financing, current account balance, expenditures, budget expenditures, public finances, stock-of-debt operation, fiscal policy, bilateral debt, budgetary expenditure, bilateral creditors, expenditure management, public expenditure adjustment, public debt, domestic debt, external public debt, debt sustainability, external debt indicators, multilateral creditors, traditional debt-relief mechanisms, repurchases, debt-relief, relief mechanisms, public expenditure for health, repayments, central banks, external debt service, commercial creditors, payment arrears, debt unit, budget law, public expenditure management, bilateral donors, debt stock, debt sustainability analysis, bilateral agreements, general resources account, domestic savings, foreign aid, public spending, stock of debt, public expenditure reviews, expenditure process, foreign debt, long-term loans, traditional debt relief, official creditors, external payment, external resources, public finance, budget laws