Refoundation Program: IMF to Release $203 Million for Niamey

A preliminary agreement of $203 million over 38 months has been reached between Niger and the IMF, based on the Extended Credit Facility, to improve public revenues, debt sustainability, and financial sector stability. The IMF forecasts growth of 7% in 2026 and 6.7% in 2027, driven by agriculture and extractive industries. Final approval by the IMF board is expected in December 2026, with an initial disbursement of around $36 million possible.