Approval Date | 10 Jan 2018 |
Signature Date | 11 Jan 2018 |
Planned Completion Date | 30 Jun 2018 |
Last Disbursement Planned Date | 30 Dec 2019 |
Sovereign / Non-Sovereign | Sovereign |
Sector | Multi-Sector |
DAC Sector Code | 15124 |
Commitment | U.A 30,000,000 |
Status | Completion |
Support to Reforms and Economic Resilience Programme (PARRE) is the continuation and consolidation of the reforms backed by the Bank over the last three years through the Financial Reforms and Food Security Support Programme (PAREFSA) in Niger. PAREFSA supported major public finance management reforms, particularly the adaptation of WAEMU Guidelines on public finance management, the validation of new bidding documents (BDs) as part of the reform of the public procurement system and the conduct of public procurement audits for the 2013 and 2014 financial years. All these measures have helped to achieve growth levels above the sub-regional average, driven by increased agricultural production. However, the country remains fragile and heavily dependent on vagaries of the weather. Therefore, the present programme will address the major challenges and constraints that cause fragility in Niger and undermine efforts to curb the vulnerability of its economy to external shocks and alleviate poverty. PARRE will take the form of a programme-based support operation (PBO) covering the 2017, 2018 and 2019 financial years. It is financed by three general budget support (GBS) operations, that is UA 30 million in 2017 and indicative amounts of UA 20 million and UA 15 million in 2018 and 2019, respectively. Programme-based support will help to provide predictable financing to the Government of the Republic of Niger (GoN), while facilitating dialogue on medium-term economic and financial reforms. The programme comprises two complementary components, namely: (i) Improve Public Finance Management and the Business Environment; and (ii) Enhance Economic Competitiveness and Resilience to Food and Nutrition Insecurity.
PARRE’s main objective is to contribute to accelerating economic growth by placing special emphasis on building resilience through job creation and environmental protection. Specifically, the programme will contribute to: (i) improving the mobilization of tax revenue to create the fiscal space needed to finance the priority activities of the new Economic and Social Development Plan (PDES 2017-2021); (ii) enhancing the transparency and efficiency of the procurement system to improve the quality of public spending; (iii) increasing access to electricity and water in order to develop agricultural and mining value chains; (iv) improving agro-pastoral productivity to build the country’s structural resilience to food and nutrition insecurity; and (v) enhancing the empowerment of women to significantly reduce gender inequities and the incidence of poverty.
The programme will benefit the entire population of Niger made up mostly of youths. Thus, the direct programme beneficiaries will be the population involved in the agricultural sector, especially women and stockbreeders, thanks to the measures that will be implemented in the areas of stockbreeding, livestock water supply and irrigation systems. Niger’s businesses will also benefit from the programme through improved access to financing and other factors of production.
Funding
African Development Fund
|
Funding
Fragile States Facility
|
Implementing
Ministry of Planning
|
IATI identifier | 46002-P-NE-KA0-012 |
Last Update | 26 Jan 2023 |
Name | EKPO Alain Fabrice |
a.ekpo@afdb.org |