Nigeria: Request for a Two-Year Policy Support Instrument : Nigeria: Request for a Two-Year Policy Support Instrument

1NGAEA2005004 Image
Price:  $15.00

Release Date: © December, 2005
ISBN : 978-1-45182-898-6
Stock #: 1NGAEA2005004
English
Stock Status: On back-order

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Description

This paper presents Nigeria’s Request for a Two-Year Policy Support Instrument to support its reform efforts. All three tiers of government have adhered to a conservative oil price-based fiscal rule, resulting in large overall budget surpluses and a significant buildup of international reserves. The authorities have also initiated a broad structural reform program. GDP growth has been robust, benefiting from the improved macroeconomic environment and policy initiatives to spur agricultural production; and the medium-term growth outlook is favorable.




More publications in this series: IMF Staff Country Reports