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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe figures are green for Niger which, despite the security and health crises, is positioning itself as a regional growth champion. With the new government, the reforms follow one another and promise new days for the economy.
Niger's inflation is less than 3%, budget deficits less than 4% and public debt around 44% of gross domestic product (GDP). With growth announced at nearly 7% for 2021, the IMF qualifies it as the most dynamic economy in West Africa. Reforms have followed one another to computerize online tax declarations and payments and to create a one-stop shop for foreign trade. All domestic payment arrears were cleared at the end of 2019. The multi-year budget and economic programming document (DPBEP) presented in July by the Nigerien government provides for a strong and constant acceleration in growth, i.e. 5.5% in 2021, 7.1% in 2022, 8.6% in 2023 and 12.8% in 2024.
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