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Nigeria

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by International Monetary Fund. Afri Dept.
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Nigeria by International Monetary Fund. Afri Dept.

The slump in oil prices and production and an inadequate policy response are increasing unemployment and undermining efforts to reduce poverty. The authorities took some steps in 2016 to reduce vulnerabilities, mainly by deregulating fuel prices, increasing the monetary policy rate, and allowing currency depreciation to reduce the exchange rate misalignment. However, further actions are urgently needed to tackle the low revenue effort, large infrastructure deficit, rising debt service, double-digit inflation, and a foreign exchange market marred by restrictions. These actions need to be supported by continued efforts to counter militant activity in the Niger Delta and an insurgency-related humanitarian crisis in the North East.

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Ebook Details
Pages: 90
Size: 3.4 MB
Publisher: INTERNATIONAL MONETARY FUND
Date published:   2017
ISBN: 9781475592047 (DRM-PDF)

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This product is listed in the following categories:

Nonfiction > Business & Economics > Money & Monetary Policy
Nonfiction > Political Science > Public Policy > Economic Policy
Nonfiction > Business & Economics > International > Economics

This author has products in the following categories:

Nonfiction > Business & Economics
Nonfiction > Social Science
Nonfiction > Business & Economics > Economics > Macroeconomics
Nonfiction > Business & Economics > Money & Monetary Policy
Nonfiction > Political Science > Public Policy > Economic Policy
Nonfiction > Business & Economics > International > Economics
Nonfiction > Business & Economics > Real Estate > Mortgages
Nonfiction > Political Science
Nonfiction > Political Science > Public Affairs & Administration
Nonfiction > Social Science > Poverty
Nonfiction > Business & Economics > Development > Economic Development
Nonfiction > Business & Economics > Labor
Nonfiction > Business & Economics > Public Finance
Nonfiction > Business & Economics > Banks & Banking
Nonfiction > Business & Economics > Economic Conditions
Nonfiction > Medical > Infectious Diseases
Nonfiction > Law > Military

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04/26/2017
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