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Find all the economic and financial information on our Orishas Direct application to download on Play StoreIncreased mobilization of fiscal resources has been accompanied by better management of public procurement
ABIDJAN, Côte d'Ivoire, November 4, 2020/ — Between 2017 and 2019, the African Development Bank (https://www.AfDB.org/) supported Niger in the consolidation of its public finances to improve the competitiveness of its economy, through the implementation of the Reform and Economic Resilience Support Program (PARRE) (https://bit.ly/2HUsGut) in Niger executed in two phases.
In a report published on 28 October, the African Development Bank indicates that PARRE 1 has benefited from a loan of US$19.18 million from the African Development Fund, the Bank's concessional window and a grant of US$21.92 million from the African Development Fund. transition (FAT). PARRE 2 received financial support from the Bank's two instruments, which provided a loan and a grant of $13.7 million, totalling $27.4 million, respectively.
In particular, the implementation of the programme has created the conditions for sustained growth in Niger. During the period of its realization, the country's economic growth increased from 4% in 2015 to an annual average of 5.9% between 2017 and 2019,
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