Nigeria: Poverty Reduction Strategy Paper: Progress Report
IMF Staff Country Reports, August 3, 2007
Source details
- Canonical URL
- Nigeria: Poverty Reduction Strategy Paper: Progress Report
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Bibliographic details
- Published: August 3, 2007
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451829037.002
Overview
- Publication date: August 3, 2007
- Focus: Progress report on the National Economic Empowerment and Development Strategy (NEEDS) for Nigeria.
- Scope: NEEDS 2004–07 as Nigeria’s reform-based medium-term plan for economic recovery, growth, and development.
Major findings and analysis
- NEEDS 2004–07 is described as Nigeria’s reform based medium-term plan for economic recovery, growth, and development.
- Fiscal and monetary policies have been carefully managed in the implementation of NEEDS.
- A major budget reform introduced under NEEDS was the Oil Price Based Fiscal Rule and Medium Term Expenditure Framework (MFEF).
- The Oil Price Based Fiscal Rule and MFEF have enhanced macroeconomic stability by delinking government expenditure from the price of oil.
Subject areas and keywords (as listed)
- Subject: Education, Environment, Financial statements, Health, Infrastructure, National accounts, Public financial management (PFM)
- Keywords: CR, Financial statements, Global, government, government divestment, inflation rate, Infrastructure, intervention programme, ISCR, nation, private sector, public sector dominance, state government, State Planning authorities, State SEEDS operator
Content in this bundle
- Cr07270