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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.

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