Economic news
IMF, Niger reach staff-level agreement on $51 million loan
2022.11.02 06:39
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© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, United States, September 4, 2018. REUTERS/Yuri Gripas/File Photo
NIAMEY (Reuters) – The International Monetary Fund (IMF) and Niger have reached a staff-level agreement on a second programme review that will allow for a disbursement of about $51 million if approved in December, the IMF said on Wednesday.
Niger is under a three-year programme with the IMF to help it recover from the effects of the COVID-19 pandemic.
Economic growth is expected to increase to 7.1 percent in 2022 with the ongoing recovery in agriculture and private investment, the IMF said in a statement.
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