“…This framework has been applied to previous IMF country work in several EMDEs, including Argentina (IMF, 2017), Iran (IMF, 2018), Nigeria (IMF, 2019a), Lao P.D.R. (IMF, 2019b), Senegal (Malta, Martinez, and Tavares, 2019), and Kenya (IMF, 2021). We calibrate the model to match key variables of Niger's economy in 2018, such as the formal sector's share of GDP, government expenditures as a percentage of GDP, government expenditures on education as a percentage of GDP, the Gini index of household income, and female labor force participation rate, among others.…”