Nigeria: Poverty Reduction Strategy Paper: Progress Report

August 3, 2007

Preview Citation

Format: Chicago

Nigeria: Poverty Reduction Strategy Paper: Progress Report, (USA: International Monetary Fund, 2007) accessed September 18, 2024

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. 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), which has 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

Publication Details

Pages:

37
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/270
Stock No:

1NGAEA2007003
ISBN:

9781451829037
ISSN:

1934-7685

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