Nigeria: Technical Assistance Report-Additional Spending Toward Sustainable Development Goals
IMF Staff Country Reports, June 15, 2020
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- Nigeria: Technical Assistance Report-Additional Spending Toward Sustainable Development Goals
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Bibliographic details
- Published: June 15, 2020
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513545202.002
Executive summary and purpose
- The report constitutes technical advice provided by IMF staff to the authorities of Nigeria in response to their request for technical assistance.
- Objective: assess additional spending associated with making substantial progress along the Sustainable Development Goals (SDGs), focusing on critical areas of human and physical capital.
- Context: Nigeria is Africa’s most populous country and its largest economy; the Economic Recovery and Growth Plan 2017–2020 gives prominence to economic, social and environmental issues.
Major findings and assessments
- The report documents progress to date for each sector, assesses Nigeria relative to peers, highlights challenges, and estimates the spending required to make substantial SDG progress.
- Nigeria has shown gradual improvements in education.
- The additional spending estimated is characterized as relatively large, suggesting that a gradual and strategic approach should be considered.
Focus areas and thematic coverage
- Human capital: education, health, population and demographics, health care spending, healthcare system, insurance system.
- Physical capital: infrastructure elements such as electricity consumption and road density are referenced among keywords.
- Public finance lens: public expenditure review, expenditure and spending estimates expressed in Purchased Power Parity dollar terms (keyword present).
Policy orientation and implications
- Emphasis on unlocking the potential of a rapidly growing population through substantial improvements in human and physical capital.
- Recommendation implied: adopt a gradual and strategic approach to scaling up spending given the size of additional financing needs.
Subjects and keywords
- Subjects: Development, Education, Expenditure, Health, Health care spending, Population and demographics, Public expenditure review, Sustainable Development Goals (SDG)
- Keywords: Africa, authority, CR, electricity consumption, Global, Health care spending, healthcare system, IMF staff calculation, insurance system, ISCR, Nigeria, Public expenditure review, Purchased Power Parity dollar, road density, Sustainable Development Goals (SDG)
International Monetary Fund. Fiscal Affairs Dept. "Nigeria: Technical Assistance Report-Additional Spending Toward Sustainable Development Goals", IMF Staff Country Reports 2020, 177 (2020).
Content in this bundle
- 1ngaea2020002