Niger

Since program approval, Niger has been facing a more challenging international context, including the fall-out from war in Ukraine, which is exacerbating pressures on food and fertilizer prices. Moreover, unfavorable rainfall deterioration security situation led to deceleration of growth 1.3 percent 2021 an acute crisis. A temporary deviation fiscal deficit targets 2022-23 needed respond urgent expenditure pressures, while medium-term outlook largely unchanged favored by start oil exports through new pipeline.