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

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...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2007
Series:IMF Staff Country Reports
Subjects:
Oil
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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300 |a 70 pages 
651 4 |a Nigeria 
653 |a Fiscal stance 
653 |a Energy: Demand and Supply 
653 |a Oil prices 
653 |a Public finance & taxation 
653 |a Oil 
653 |a Monetary economics 
653 |a Investments: Energy 
653 |a Taxes 
653 |a Fiscal Policy 
653 |a Monetary Policy, Central Banking, and the Supply of Money and Credit: General 
653 |a Fiscal policy 
653 |a Petroleum industry and trade 
653 |a Money 
653 |a Money supply 
653 |a Commodities 
653 |a Energy: General 
653 |a Monetary base 
653 |a Business Taxes and Subsidies 
653 |a Prices 
653 |a Macroeconomics 
653 |a Investment & securities 
653 |a Taxation 
653 |a Oil, gas and mining taxes 
653 |a Public Finance 
653 |a Money and Monetary Policy 
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520 |a 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