Nigeria : Selected Issues

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

April 5, 2017

Electronic Access:

Free Full Text (PDF file size is 1084 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Selected Issues paper examines the role of lower oil prices in the recent deterioration in Nigeria’s macroeconomic indicators, the impact on corporate and financial sector performance. and the forward-looking aspects of promoting job-intensive growth and strengthening state and local government finances. Although the slump in oil prices contributed to sluggish growth, the lack of foreign exchange weakened corporate performance, setting the stage for nonperforming loans. Structural reforms to improve the business environment can have a positive impact on growth, while fiscal reforms would help strengthen finances of subnational governments.

Series:

Country Report No. 17/81

Subject:

English

Publication Date:

April 5, 2017

ISBN/ISSN:

9781475591910/1934-7685

Stock No:

1NGAEA2017002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

57

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