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Niger - Financial Reforms and Food Security Support Programme – Phase II - Appraisal report
Management hereby submits the following report and recommendation concerning a proposal to granta UA 10 million ADF loan to the Republic of Niger to finance the second phase of the Financial Reforms and Food Security Support Programme (PAREFSA II). PAREFSA was designed in the form of a series of programmes financed by two consecutive general budget support (GBS) operations covering 2015 and 2016 financial years. This multi-year framework not only ensures predictable financing but is also a medium-term platform for dialogue on key reforms.The first operation of UA 20 million was approved in November 2015 and the resources disbursed in December 2015. This report is submitted to the Board for approval following the implementation of a set of preliminary measures agreed with the Government of Niger (GoN)and the satisfactory completion of the first phase. The programme was designed by the Nigerien authorities working closely with members of civil society and Niger’s Technical and Financial Partners.