{
  "title": "Nigeria: Poverty Reduction Strategy Paper: Progress Report",
  "publication": "IMF Staff Country Reports, August 3, 2007",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/nigeria-poverty-reduction-strategy-paper-progress-report-21246",
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  "summary": "This paper discusses the progress report on the National Economic Empowerment and Development Strategy (NEEDS) for Nigeria. The NEEDS 2004–07 is Nigeria’s reform based medium-term plan for economic recovery, growth, and development.",
  "publishDate": "2007-08-03",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Publication date: August 3, 2007\n- Focus: Progress report on the National Economic Empowerment and Development Strategy (NEEDS) for Nigeria.\n- Scope: NEEDS 2004–07 as Nigeria’s reform-based medium-term plan for economic recovery, growth, and development."
    },
    {
      "heading": "Major findings and analysis",
      "content": "- NEEDS 2004–07 is described as Nigeria’s reform based medium-term plan for economic recovery, growth, and development.\n- Fiscal and monetary policies have been carefully managed in the implementation of NEEDS.\n- A major budget reform introduced under NEEDS was the Oil Price Based Fiscal Rule and Medium Term Expenditure Framework (MFEF).\n- The Oil Price Based Fiscal Rule and MFEF have enhanced macroeconomic stability by delinking government expenditure from the price of oil."
    },
    {
      "heading": "Subject areas and keywords (as listed)",
      "content": "- Subject: Education, Environment, Financial statements, Health, Infrastructure, National accounts, Public financial management (PFM)\n- 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\n\n---\n\n Content in this bundle\n\n- Cr07270\n  - Cr07270 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/nigeria-poverty-reduction-strategy-paper-progress-report-21246"
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    "Published: August 3, 2007",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451829037.002",
    "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.",
    "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: 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",
    "**Cr07270**"
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