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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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Bibliographic Details
Corporate Author: International Monetary Fund African Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2015
Series:IMF Staff Country Reports
Subjects:
Foreign Exchange
Debts, Public
Taxation
Taxes
Public Debt
Expenditure
Expenditures, Public
Energy: Demand And Supply
Oil Prices
Macroeconomics
Budgeting & Financial Management
Banks And Banking
Prices
Exports And Imports
Currency
Public Finance & Taxation
Sovereign Debt
Banking
Public Finance
Debt
Oil, Gas And Mining Taxes
External Debt
Debt Management
Debts, External
National Government Expenditures And Related Policies: General
International Economics
International Lending And Debt Problems
Nigeria
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
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
Physical Description:92 pages
ISBN:9781484306307

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