English, Article, Journal or magazine article edition: L’expérience de l’allégement de la dette du Niger Ann Vourc'h; Maina Boukar Moussa

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Bookmark: http://trove.nla.gov.au/version/85789
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • L’expérience de l’allégement de la dette du Niger
Author
  • Ann Vourc'h
  • Maina Boukar Moussa
Physical Description
  • preprint
Notes
  • Ce document présente les différentes mesures d'allégement de la dette dont le Niger a bénéficié depuis 1983. Possédant une dette importante à l'égard des banques commerciales, du fait du développement de l'exploitation de l'uranium, le Niger a eu recours à la fois au Club de Paris et au Club de Londres pour rééchelonner régulièrement sa dette publique. Hormis ces procédures traditionnelles, le Niger a été le premier pays à bénéficier du Fonds de désendettement de l'IDA pour racheter sa dette bancaire avec décote grâce à des dons. Malgré l'allégement issu de cette opération et celui résultant de l'application des termes de Toronto par le Club de Paris, qui en 1991 représentaient l'allégement de la dette maximal auquel le Niger pouvait prétendre par les procédures usuelles, le gouvernement nigérien ne peut s'acquitter de ses obligations. La politique d'ajustement entreprise et en particulier la tentative d'assainissement des finances publiques, n'ont pas permis de rétablir l'équilibre ... This document presents the different debt-reduction measures from which Niger has benefited since 1983. The country had a sizeable debt with commercial banks, resulting from the development of the uranium mining. Thus, to reschedule its public debt, Niger regularly resorted to both the London Club and the Paris Club. Besides these traditional measures, Niger was the first country to benefit from the IDA Debt-reduction Fund to allow it to use grants to buy back its debt at a discount. Despite the reduction produced by this process and from the application of the Toronto terms by the Paris Club which in 1991 together accounted for the maximum reduction possible by the usual procedures, the Niger government can still not meet its obligations. The adjustment policy and in particular the attempt to clean up public finances, have not resulted in rebalancing the budget in a country where the level of direct taxation is the lowest in sub-Saharan Africa and where tax receipts have continued ...
  • RePEc:oec:devaaa:82-fr
Language
  • English
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