Nigeria : 2010: Article IV Consultation-Staff Report; Debt Sustainability Analysis; Informational Annex; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Nigeria

Publication Date: February 28, 2011
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Summary: In this study, economic growth and development of Nigeria after the crisis is discussed. Nigeria’s economy is projected to grow by 7 percent in 2011. Near-term risks to growth mostly relate to domestic factors. Nigeria’s strong external position and low debt helped mitigate the impact of the global financial crisis. Conflicting objectives of monetary policy and policy framework should focus more on price stability. Establishment of an asset management corporation to clean up the bank balance sheet is encouraged.
Series: Country Report No. 11/57
Subject(s): Article IV consultation reports | Bank resolution | Bank supervision | Debt sustainability analysis | Economic growth | Economic indicators | Fiscal consolidation | Government expenditures | Nonoil sector | Sovereign wealth funds | Staff Reports

Publication Date: February 28, 2011
ISBN/ISSN: 9781455219988/1934-7685 Format: Paper
Stock No: 1NGAEA2011001 Pages: 73
US$18.00 (Academic Rate:
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