Nigeria : Staff Report for the 2014 Article IV Consultation
This 2014 Article IV Consultation highlights that inflation in Nigeria has remained in single digits for two years, and the banking sector, which has a strong capital base, is expanding credit. The trade surplus has been declining since the second quarter of 2013 on lower oil exports and continued s...
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| Format: | eBook |
| Language: | English |
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Washington, D.C.
International Monetary Fund
2015, 2015
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| Series: | IMF Staff Country Reports; Country Report
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| Collection: | International Monetary Fund - Collection details see MPG.ReNa |
| Summary: | This 2014 Article IV Consultation highlights that inflation in Nigeria has remained in single digits for two years, and the banking sector, which has a strong capital base, is expanding credit. The trade surplus has been declining since the second quarter of 2013 on lower oil exports and continued strong growth of imports, and gross international reserves have been falling. The general government fiscal deficit and public debt have been kept low. The Executive Directors have commended authorities for progress in promoting Nigeria's economic diversification and for their macroeconomic response to collapsing export prices |
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| Physical Description: | 92 p. |
| ISBN: | 1484306309 9781484306307 |