Third Shared Growth Credit

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The objectives of the Third Shared Growth Grant (SGG-3) Project for Niger are to: (i) improve the business environment for investment and trade; (ii) increase agricultural productivity; and (iii) improve public financial management. The proposed SGG-3 supports key reforms in three policy areas. The first policy area aims to establish a competitive and diversified economy to support accelerated and inclusive growth. Reforms under the second policy area continue the reinforce food security and promote sustainable agricultural growth that begun during earlier operations. The third policy area continues the series’ support to enhance the efficacy of public spending. The proposed SGG-3 completes this program by supporting (i) institutional reforms, including the adoption of a new investment code and measures aimed at strengthening the electricity sector; (ii) reforms that simplify international trade procedures; (iii) expanded labor-market reforms; and (iv) measures to improve transparency in the oil sector.