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6. Conclusions

6. Conclusions »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

Sub-Saharan African countries have in general run procyclical fiscal policies since 2000. This is not surprising in light of the fact that the majority of them are low-income and/or resource-dependent econom...

5. Country Case Studies

5. Country Case Studies »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

This chapter examines the experience of three countries to establish and implement fiscal frameworks aimed at generating financial savings for rainy days: Nigeria, Botswana, and Chile....

Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Volume: 16

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degree of f...

Back Matter

Back Matter »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degree of f...

Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries »

Volume: 16

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

DOI: http://dx.doi.org/10.5089/9781513563541.087

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degree of f...

2. How to Measure the Degree of Fiscal Procyclicality

2. How to Measure the Degree of Fiscal Procyclicality »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

The focus of this paper is to analyze the link between the fiscal policy stance and economic activity in sub-Saharan Africa between 2000 and 2014, a period marked by relatively high rates of growth, a substa...

IMF Executive Board Completes Fourth and Fifth ECF Reviews, Approves US$16.52 Million Disbursement and Concludes 2014 Article IV Consultation with Niger

IMF Executive Board Completes Fourth and Fifth ECF Reviews, Approves US$16.52 Million Disbursement and Concludes 2014 Article IV Consultation with Niger »

Source: Niger : Staff Report for the 2014 Article IV Consultation and Fourth and Fifth Reviews Under the Extended Credit Facility Arrangement and Request for Waiver of Nonobservance of Performance Criteria and Modification of Performance Criteria

Volume/Issue: 2015/63

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 March 2015

ISBN: 9781475586800

Keywords: Article IV consultation reports, Fiscal policy, Budgets, Natural resources, Debt management, Economic indicators, Extended Credit Facility, Letters of Intent, Debt sustainability analysis, Staff Reports

This 2014 Article IV Consultation highlights that Niger's overall macroeconomic performance has been broadly satisfactory. After the economic slowdown in 2013 owing to the regional security situation and adverse cl...

IMF Executive Board Completes the Fourth Review Under the Extended Credit Facility Arrangement for Niger, Approves a US$ 47.0 Million Disbursement, and Concludes the 2019 Article IV Consultation with Niger

IMF Executive Board Completes the Fourth Review Under the Extended Credit Facility Arrangement for Niger, Approves a US$ 47.0 Million Disbursement, and Concludes the 2019 Article IV Consultation with Niger »

Source: Niger : 2019 Article IV Consultation, Fourth Review Under the Extended Credit Facility, and Requests for Waiver of Nonobservance of a Performance Criterion, Modification of Performance Criteria, and Extension and Rephasing of the Extended Credit Facility Arrangement-Press Release; Staff Report and Statement by the Executive Director for Niger

Volume/Issue: 2019/239

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2019

ISBN: 9781513508191

Keywords: External sector, Public financial management, Economic growth, Fiscal policy, Development, arrears, payment arrears, percent of GDP, SOEs, BCEAO

Niger faces daunting development challenges, aggravated by terrorist incursions, low uranium export prices, and climate change. Nonetheless, GDP growth picked up to 6.5 percent last year- and should average above...

Niger
			: Staff Report for the 2014 Article IV Consultation and Fourth and Fifth Reviews Under the Extended Credit Facility Arrangement and Request for Waiver of Nonobservance of Performance Criteria and Modification of Performance Criteria

Niger : Staff Report for the 2014 Article IV Consultation and Fourth and Fifth Reviews Under the Extended Credit Facility Arrangement and Request for Waiver of Nonobservance of Performance Criteria and Modification of Performance Criteria »

Volume/Issue: 2015/63

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 March 2015

DOI: http://dx.doi.org/10.5089/9781475586800.002

ISBN: 9781475586800

Keywords: Article IV consultation reports, Fiscal policy, Budgets, Natural resources, Debt management, Economic indicators, Extended Credit Facility, Letters of Intent, Debt sustainability analysis, Staff Reports

This 2014 Article IV Consultation highlights that Niger's overall macroeconomic performance has been broadly satisfactory. After the economic slowdown in 2013 owing to the regional security situation and adverse cl...

Niger
			: 2019 Article IV Consultation, Fourth Review Under the Extended Credit Facility, and Requests for Waiver of Nonobservance of a Performance Criterion, Modification of Performance Criteria, and Extension and Rephasing of the Extended Credit Facility Arrangement-Press Release; Staff Report and Statement by the Executive Director for Niger

Niger : 2019 Article IV Consultation, Fourth Review Under the Extended Credit Facility, and Requests for Waiver of Nonobservance of a Performance Criterion, Modification of Performance Criteria, and Extension and Rephasing of the Extended Credit Facility Arrangement-Press Release; Staff Report and Statement by the Executive Director for Niger »

Volume/Issue: 2019/239

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2019

DOI: http://dx.doi.org/10.5089/9781513508191.002

ISBN: 9781513508191

Keywords: External sector, Public financial management, Economic growth, Fiscal policy, Development, arrears, payment arrears, percent of GDP, SOEs, BCEAO

Niger faces daunting development challenges, aggravated by terrorist incursions, low uranium export prices, and climate change. Nonetheless, GDP growth picked up to 6.5 percent last year- and should average above...