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Record Nr. |
UNINA9910458298503321 |
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Titolo |
Nigeria : 2013 article IV consultation, staff report; press release and statement by the executive director for Nigeria / / International Monetary Fund |
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Pubbl/distr/stampa |
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Washington, District of Columbia : , : International Monetary Fund, , 2014 |
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©2014 |
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ISBN |
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1-4843-5816-3 |
1-4843-5807-4 |
1-4755-9010-5 |
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Descrizione fisica |
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1 online resource (104 p.) |
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Collana |
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IMF Country Report ; ; Number 14/103 |
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Disciplina |
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Soggetti |
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Economic development - Nigeria |
Fiscal policy - Nigeria |
Electronic books. |
Nigeria Economic policy |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di contenuto |
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Cover; CONTENTS; CONTEXT; RECENT ECONOMIC DEVELOPMENTS AND OUTLOOK; A. Recent Economic and Policy Developments; B. Medium-Term Outlook and Risks; C. Inward and Outward Spillovers; ADDRESSING OIL THEFT/PRODUCTION LOSSES; STRONG ECONOMIC MANAGEMENT, NOTWITHSTANDING THE POLITICAL CYCLE; A. Preserving Fiscal Consolidation Through the Political Cycle; B. Monetary, Financial, and Exchange Rate Policies; C. Improving Competitiveness and Productivity; STAFF APPRAISAL; TABLES; 1. Millennium Development Goals, 1990-11; 2. Selected Economic and Financial Indicators, 2012-18 |
3. Balance of Payments, 2010-164a. Federal Government Operations, 2010-16; 4b. Consolidated Government, 2010-16; 4c. Government Operations, 2010-16; 4d. State and Local Governments, 2011-16; 4e. Extrabudgetary Funds (including ECA/SWF), 2011-16; 5a. Central Bank of Nigeria (CBN) Analytical Balance Sheet, 2011-16; 5b. Monetary |
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Survey, 2011-16; 6. Financial Soundness Indicators: 2011-13; 7. Risk Assessment Matrix (RAM); FIGURES; 1. Real Sector Development, 2005-13; 2. External and Exchange Rate Developments, 2010-13; 3. Fiscal Developments, 2001-13 |
4. Monetary and Financial Developments, 2010-135. Key Indicators of the Oil Sector, 2005-12; 6. Oil Price Shock, 2013-18; 7. Fiscal Expansion, 2013-18; 8. Vulnerabilities in the Oil Sector, 2013-18; BOXES; 1. Authorities' Response to Past IMF Policy Recommendations; 2. Strengthening the Monitoring and Reconciliation of Oil Revenue Flows; 3. The Challenge of Fiscal Federalism in Nigeria; 4. Follow-up on the 2012 FSAP Recommendations; APPENDICES; I. Changing Trends in Oil Markets?; II: Gross Domestic Product (GDP) Rebasing and Implications; III. Oil Theft in Nigeria and Proposed Countermeasures |
IV. Estimates of the Sustainable Non-Oil Primary DeficitV. External Sector Assessment; VI. Tracking Job Creation; VII. Trade Policy and Competitiveness: Agriculture in Nigeria; CONTENTS; FUND RELATIONS; JOINT WORLD BANK-IMF WORK PROGRAM, 2013-14; STATISTICAL ISSUES |
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Sommario/riassunto |
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KEY ISSUESContext. Despite recent strong non-oil growth, poverty and income inequality remainhigh and social and governance indicators are below averages for sub-Saharan Africa. Structural reforms under the Transformation Agenda are ongoing, but significant infrastructure gaps and weak institutional capacity still retard growth prospects. At the same time, vulnerabilities are rising in the buildup to general elections in 2015 and fiscal buffers have been reduced. Meanwhile, GDP is being rebased and structural shifts may suggest a refocus in some policy areas.Outlook and Risks. Growth is expect |
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