Niger Second DPO Series

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This document proposes a Development Policy Financing in the form of an International Development Association Grant of SDR 39.5 Million (US 55 Million Dollars Equivalent) and an IDA Credit of Euro 47.5 Million Dollars (US 55 Million Dollars Equivalent). This is the second of a programmatic series of two development policy operations. It is a single tranche disbursement of 50 percent in the form of an IDA grant on standard IDA Grant terms and 50 percent in an IDA credit provided on standard IDA regular credit terms with maturity of 38 years including a grace period of six years. The program supports the Niger’s growth and poverty reduction strategy through its emphasis on reforms for fostering rural growth It builds on World Bank Systematic Country Diagnostic, and the new Country Partnership Framework (CPF, FY2018-FY2022).