Nigeria; 2010: Article IV Consultation-Staff Report; Debt Sustainability Analysis; Informational Annex; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Nigeria

In this study, economic growth and development of Nigeria after the crisis is discussed. Nigeriaâ€™s economy is projected to grow by 7 percent in 2011. Near-term risks to growth mostly relate to domestic factors. Nigeriaâ€™s strong external position and low debt helped mitigate the impact of the global financial crisis. Conflicting objectives of monetary policy and policy framework should focus more on price stability. Establishment of an asset management corporation to clean up the bank balance sheet is encouraged.

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Year of publication:	2011-02-28
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultation reports \| Bank resolution \| Bank supervision \| Debt sustainability analysis \| Economic growth \| Economic indicators \| Fiscal consolidation \| Government expenditures \| Nonoil sector \| Sovereign wealth funds \| Staff Reports \| inflation \| monetary policy \| fiscal policy \| fiscal rule \| primary deficit \| fiscal sustainability \| long-term fiscal sustainability \| fiscal stance \| government spending \| macroeconomic stability \| foreign exchange \| money growth \| fiscal surpluses \| public spending \| financial stability \| fiscal position \| capital expenditure \| real interest rate \| inflation objective \| high interest rates \| gdp deflator \| fiscal developments \| high inflation \| government expenditure \| fiscal responsibility \| inflation performance \| inflationary pressures \| debt service \| government budgets \| fiscal framework \| fiscal strategy \| federal government budget \| nominal interest rates \| federal government expenditure \| inflation target \| public investment spending \| cash management \| terms of trade \| budget process \| government budget \| fiscal years \| double digit inflation \| fiscal revenues \| fiscal system \| fiscal activities \| fiscal deficits \| fiscal strategies \| local government spending \| fiscal authorities \| federal fiscal system \| local government budgets \| inflationary expectations \| fiscal policy formulation \| price stability \| foreign currency \| fiscal costs \| expansionary fiscal \| public debt \| expansionary fiscal stance \| public finances \| fiscal responsibility act \| fiscal adjustment \| public expenditures \| expenditure cuts \| cyclical fiscal policy \| quasi-fiscal activities \| inflation rate \| fiscal retrenchment \| public finance \| medium-term fiscal framework

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 11/57 7 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011243495