Nigeria : Third Review Under the Policy Support Instrument: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Nigeria

1NGAEA2007002 Image
Price:  $18.00

Release Date: © July, 2007
ISBN : 978-1-45182-902-0
Stock #: 1NGAEA2007002
English
Stock Status: On back-order

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Description

This paper examines Nigeria’s Third Review Under the Policy Support Instrument. Robust growth, lower inflation, a dramatic decline in debt, and an accumulation of significant reserves are among the notable economic achievements. It will be important to consolidate and institutionalize these gains as the foundations for sustained and improved economic performance. Non-oil growth accelerated and its prospects are promising. Inflation remained in line with the single-digit program target owing to a likely increase in confidence and money demand.

Taxonomy

Balance of payments , Economic policy , Inflation , Monetary policy




More publications in this series: IMF Staff Country Reports