Niger’s economy centres around subsistence crops, livestock and some of the largest uranium deposits in the world. Agriculture currently contributes about one-third of the country’s total GDP, and provides livelihoods for around nine-tenths of the population.
Debt relief has substantially reduce the country’s annual debt service obligations, and frees funds for expenditure on basic health care, primary education, HIV/AIDS prevention, rural infrastructure and other poverty reduction programs.
Future growth could be sustained by exploitation of oil, gold, coal and other mineral resources: the country boasts sizable reserves of oil and oil production. Both food insecurity and drought remain perennial problems for the country, and it’s possible that the mining sector could be affected by the government’s attempt to renegotiate extraction rights contracts.
Composition of GDP (2013)