Economic and Social Development – 2001

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Economic and Social Development – 2001

2001

Minimum Implementation Minimal implementation

Some improvement in economic and social development was recorded in 2001. The national economy steadily improved after 10 years of political, social and economic instability. The World Bank noted positive development in overall education sector.1

Niger’s recent eligibility to the enhanced HIPC initiative (Highly Indebted Poor Countries) would enable the country to alleviate its debt burden, reduce poverty and achieve sustainable development. The World Bank also approved $70 million loan, which would support the implementation of major social and structural reforms in order to improve basic public services and promote more sustainable programs conducive for economic growth.2

  1. “Niger Records Economic Upturn In Two Years,” Panafrican News Agency (PANA) Daily Newswire, November 29, 2001.
  2. Ibid.