News Finances

Niger turns to IMF for governance support in strained economic climate

Niger turns to IMF for governance support in strained economic climate
Friday, 05 September 2025 11:10

• Niger asks IMF for technical help to improve governance and transparency
• Request comes amid security risks, budget pressures, and weak oversight institutions
• Economy grew 10.3% in 2024, with 6.6% growth projected for 2025

The government of Niger entered talks with the International Monetary Fund (IMF) seeking the institution’s support to improve governance. As part of this effort, Prime Minister and Finance Minister Ali Mahaman Lamine Zeine met an IMF delegation on September 3.

“Niger, as an IMF member, requested technical assistance to improve and strengthen governance. This aligns with the IMF policy of promoting governance in all member states. The support will help Niger identify the most relevant areas to address,” said Ha Vu, head of the IMF delegation, after the meeting.

This move comes as the country navigates a fragile economic and political context. Since the army seized power in July 2023, several oversight bodies, including the Court of Accounts and the public procurement regulator, have been dissolved, weakening transparency in public management.

Persistent corruption is another major obstacle, worsened by Niger’s heavy reliance on oil, uranium, and gold. The IMF sees governance reform as crucial to restore donor confidence, stabilize politics, and lay the groundwork for sustainable, inclusive growth.

The oil sector remains a priority, with the IMF urging stronger transparency and revenue management. Still, the Fund acknowledged reforms already underway. In July 2025, Niger’s Extended Credit Facility (ECF) was extended by 12 months to December 2026 to support governance reforms and build on recent progress.

Despite governance challenges, Niger’s economy shows strong momentum. Boosted by oil exports and resilient farming, GDP growth reached 10.3% in 2024. For 2025, growth is projected at 6.6%, while inflation is expected to ease to 4.2%, in line with WAEMU standards.

On the same topic
UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for intra-African trade businesses Initiative aims...
IMF approves reviews of Seychelles’ reform programs, unlocking $45 million Total disbursements since 2023 to reach about $105.1...
Cemac developing system to track informal cross-border trade data Regional workshop trains experts on mapping flows and estimating...
Nigerian insurers Guinea, Sovereign Trust seek 10.8bn naira capital Guinea launches rights issue; Sovereign Trust awaits NGX approval Raises aim meet...
Most Read
01

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
02

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
03

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
04

This week, Africa is facing a mixed health situation. Namibia has declared an end to its mpox outbre...

Weekly Health Update | Namibia Ends Mpox Outbreak; Nigeria Faces Seasonal Lassa Fever Surge
05

Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...

Namibia and Russia Expand Economic Cooperation Across Key Sectors
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.