Niger: Enhanced Initiative for Heavily Indebted Poor Countries Completion Point Document

Volume/Issue: Volume 2004 Issue 161
Publication date: June 2004
ISBN: 9781451828603
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Topics covered in this book

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Exports and Imports , Economics- Macroeconomics , ISCR , CR , government , deficit , creditor , document , Includes HIPC Initiative , beginning-of-period broad money , NPV of debt-to-exports ratio , budget deficit , long-term debt , HIPC Initiative assistance , Debt service , Debt relief , Arrears , Public and publicly-guaranteed external debt , West Africa , Sub-Saharan Africa , Africa

Summary

This paper assesses Niger’s performance in meeting the requirements for reaching the completion point under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative. The paper reviews the status of creditor participation and the delivery of debt relief to Niger under the enhanced HIPC Initiative, presents the results of a new debt sustainability analysis based on the reconciled stock of debt at end-2002, and provides an analysis of the sensitivity of the debt indicators to changes in macroeconomic variables. The paper also focuses on considerations pertaining to a topping up of enhanced HIPC Initiative assistance.