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Financial support: the IMF approves $51 million in favor of Niger

28/01/2025
Source : ORISHAS FINANCE
Categories: Sectors

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The IMF's resident representative in Niger, Mouhamadou Moustapha Ly announced that the International Monetary Fund (IMF) approved last Wednesday Niger's economic and financial program worth 51 million dollars. This program is supported by the Extended Credit Facility and the Resilience and Sustainability Facility agreement.

serif">IMF projections estimated Niger's growth at around 8.8% in 2024 and for 2025, growth is forecast at 7.9%. According to Mouhamadou Moustapha Ly, “despite all the shocks to the Nigerien economy, including sanctions and other floods this year, the economy has proved to be very resilient.” In particular, the IMF said it appreciated the courageous reforms undertaken by the State, among others, in the areas of public financial management and governance

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