The agreement between the IMF and Niger concerns a three-year aid plan of 278.5 million dollars. "Financing from the IMF would catalyze additional donor support," the institution said.

The IMF announced on Tuesday that it had reached an agreement with Niger on an economic reform program paving the way for new aid spread over three years in the amount of 278.5 million dollars. The agreement, subject to IMF management and Executive Board approval, will serve as the basis for a new three-year arrangement under the "Extended Credit Facility" (ECF), with access to 197.4 million entitlements. special draws, equivalent to approximately $278.5 million."Niger achieved its first democratic transfer of power with the election of President Mohamed Bazoum in April 2021," said Ari Aisen, who led the IMF mission. in Niger from October 25 to November 1.