Nigeria; 2005 Article IV Consultation: Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion

Nigeriaâ€™s 2005 Article IV Consultation reports that the authorities made good progress in implementing their structural reform program. Given favorable terms of trade, gross international reserves are projected to increase substantially. The economy is expected to benefit from improved infrastructure and policy initiatives aimed at spurring non-oil GDP growth, and removal of distortions. The medium-term outlook hinges on the governmentâ€™s ability to consolidate the progress it has made in macroeconomic stability, strengthen public expenditure management, and progress significantly in implementing structural reforms.

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Year of publication:	2005-08-26
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultations \| Economic conditions \| Staff Reports \| expenditure \| external debt \| current account \| public expenditure \| debt service \| debt sustainability \| central bank \| balance of payments \| expenditure management \| public debt \| public expenditure management \| fiscal policy \| recurrent expenditure \| capital expenditure \| debt management \| current account balance \| public spending \| public sector debt \| public and publicly guaranteed \| domestic debt \| medium-term expenditure framework \| total expenditure \| debt burden \| external debt service \| debt sustainability analysis \| external debt sustainability \| debt dynamics \| debt management office \| expenditure framework \| external debt burden \| domestic financing \| debt relief \| medium-term expenditure \| debt ratio \| reserve assets \| current account deficit \| balance of payment \| expenditure control \| public expenditure review \| debt reduction \| national debt management \| external borrowing \| long-term debt \| debt stock \| net debt \| mtef \| national debt \| domestic debt management \| debt data \| current account surplus \| public expenditure reviews \| domestic expenditure \| private creditors \| budget system \| debt problems \| domestic currency \| debt ratios \| debt obligations \| poverty-reducing expenditure \| short-term debt \| external obligations \| ppg debt \| fiscal gap \| private sector debt \| multilateral creditors \| expenditure reform \| official creditors \| general resources account \| bilateral agreement \| expenditure tracking \| debt outstanding \| stock of debt \| public expenditure reform \| market debt \| debt from official creditors \| public sector borrowing \| external debt obligations \| external public debt \| debt from private creditors \| government expenditure \| public debt management

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 05/302 10 pages long
Source:	RePEc - Research Papers in Economics

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