(AGENPARL) - Roma, 19 Luglio 2022 - (AGENPARL) – mar 19 luglio 2022 [IMF Country Reports](http://www.imf.org/external/pubs/cat/scr1_sp.aspx?s_year=1997&e_year=2012&brtype=default)
[Open in your browser](http://www.imf.org/en/Publications/CR/Issues/2022/07/19/Niger-First-Review-Under-the-Extended-Credit-Facility-Arrangement-and-Request-for-521008?cid=em-COM-123-45145)
http://www.imf.org/en/Publications/CR/Issues/2022/07/19/Niger-First-Review-Under-the-Extended-Credit-Facility-Arrangement-and-Request-for-521008?cid=em-COM-123-45145
[Country Report No. 2022/227 : Niger: First Review Under the Extended Credit Facility Arrangement and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Niger](http://www.imf.org/en/Publications/CR/Issues/2022/07/19/Niger-First-Review-Under-the-Extended-Credit-Facility-Arrangement-and-Request-for-521008?cid=em-COM-123-45145)
JULY 19, 2022
http://www.imf.org/en/Publications/CR/Issues/2022/07/19/Niger-First-Review-Under-the-Extended-Credit-Facility-Arrangement-and-Request-for-521008?cid=em-COM-123-45145
Since program approval, Niger has been facing a more challenging international context, including the fall-out from the war in Ukraine, which is exacerbating pressures on food and fertilizer prices. Moreover, unfavorable rainfall and a deterioration in the security situation led to a deceleration of growth to 1.3 percent in 2021 and an acute food crisis. A temporary deviation of fiscal deficit targets from the program in 2022-23 is needed to respond to urgent expenditure pressures, while the medium-term outlook is largely unchanged favored by the start of oil exports through the new pipeline.
[READ MORE](http://www.imf.org/en/Publications/CR/Issues/2022/07/19/Niger-First-Review-Under-the-Extended-Credit-Facility-Arrangement-and-Request-for-521008?cid=em-COM-123-45145)
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