The document outlines Niger Republic's financing strategy for 2020-2025. It aims to transform the economy by harnessing untapped resources, driving infrastructure development, and attracting foreign investment. The strategy estimates $3 trillion will be needed over 5 years, with 45% ($1.35 trillion) from domestic financing like taxes and bonds, and 55% ($1.65 trillion) from international sources like the World Bank and foreign companies. Key areas of focus include electricity, infrastructure, education, food security, and small/medium enterprises. The goal is reducing poverty by 80%, unemployment by 70%, and increasing foreign direct investment by 90%.

1. Office of the Ministry of Finance, Niger Republic
Financing Strategy Document: Vision 2020 – 2025
Niger Republic situated in the Western part of Africa is blessed with arable land, vast untapped
mineral resources and a growing population. The political and economic landscape is
recovering from decades of coup and counter coup. Niger Republic is experiencing a gradual
economic growth because of the transition from the military dictatorship to democracy coupled
with increasing poverty, unemployment, limited foreign direct investment, untapped capital
market and an import dependent nation in the last one decade.
The Financing Strategic Review Process.
Vision: Our 5-year financing strategy seeks to transform Niger Republic to be a leading
economy in Africa, harnessing untapped resources, driving infrastructural development and a
hub for investors’ destination. We seek to reduce number of citizens living in poverty but 80%,
reducing unemployment by 70%, increase foreign direct investment by 90% as we diversify our
economy to become export oriented.
The Road-map:
The key question now is how we can deliver our lofty dreams. With the enormous infrastructure
decay, current level of poverty and unemployment, low inflow of investments into the economy
we have projected that it will take the nation approximately $3 trillion to turn the economy
around within the next 5 years. Our ambitious growth is backed by advancement in GDP by
1.9% in 2017 accelerating from 1.4%growth in prior periods. This is the third consecutive
expansion and the strongest since 2016. Headline inflation moderates with a downward trend
for 14 consecutive months to 13.34% as at Q1, 2019 compared to 18.33% in October 2017.
We have adopted a blended financing structure coupled with seeking investment from
multilateral organization. 45% of the projected sum will be generated within our borders while
55% will be internationally sourced from multilateral organization and international multinational
corporation. From our Economic Recovery Growth Plan (ERGP) launched 3 years ago, we have
laid the foundation on increasing revenue and attracting foreign investors. The major themes of
the ERGP is to stabilize the macro environment, achieve agriculture and food security, improve
electricity & transport infrastructure, enhance the ease of doing business, drive industrialization
focusing on SMEs and financial inclusion. The sole purpose is to encourage private participation
towards achieving a prosperous nation.
We have seen our internally generated revenue rise from 7% in the last 3 years to 17.7%
currently. We introduced the Assets and Income Declaration scheme to restore the country’s tax
system. Private participation in various sector with increased private - public partnership in
mining and exploration of our vast mineral resources leading to increased economic activities.
These benefits have been largely due to our new business climate policies. We are expected to
generate estimated of $1.35 trillion from domestic financing over the next 5 years from a
combination of taxes, issuing of green bonds, treasury bills and balance of payment surplus.

2. Our borders are opened to foreign direct investment from International multinational
organizations by abolishing nationalization policy introduced by the past military Heads of state.
International companies are assured of the shareholding structure and ability to transfer their
profits to their home countries provided it is within the law. Impact investing will be a deciding
factor for international companies who desire to participate. Consolidated gains from the 2015
Investors forum shows that over 300 new industries were established and 75% of foreign direct
investment into the country
We will seek funds from the World Bank Group to help finance projects such as solar power,
education and road projects. Foreign direct investment is estimated to be $0.66 trillion while
anticipated funds from the World Bank Group is estimated to be $0.99 trillion. Investors are
assured of their investments but if worried, we have partnered with Multilateral Investments
Guarantee Agency (MIGA) to assuage those fears. Niger Republic have moved by 24 places to
a new ranking of 145 among 190 economies of the World Bank ease of doing business index
which is an impressive leap within the shortest possible time
Electricity - a major driver of the economy will be expected to gulp close to $1 trillion for the next
5 years. New policies have been developed by the government to ensure investors in the power
sector have a climate with assures them of their return on investment. We are expecting grants
of $400 billion from the World Bank Group. Infrastructures, education, food security, SME
growth which have massive potentials with a multiplier effect on the economy will be our major
focus.
With the ongoing global trade wars, brexit and migration issues, Niger Republic, an emerging
market and developing economy and investors choice destination, we offer conducive
environment for business growth and shareholders wealth maximization.