Nigeria: First Review Under the Policy Support Instrument

May 18, 2006

Preview Citation

Format: Chicago

Nigeria: First Review Under the Policy Support Instrument, (USA: International Monetary Fund, 2006) accessed December 24, 2024

Summary

This First Review Under the Policy Support Instrument (PSI) for Nigeria reports that structural reforms are proceeding in line with the National Economic Empowerment and Development Strategy. The authorities’ commitments under the PSI primary objectives of the economic reform program include entrenching macroeconomic stability, strengthening public financial management, and reducing the costs of doing business. The Central Bank of Nigeria has developed plans to invest some of its international reserves in higher yield financial assets, and allow domestic banks to bid to be custodians for the investments.

Subject: Commodities, Expenditure, Oil, Oil, gas and mining taxes, Public financial management (PFM), Tariffs, Taxes

Keywords: CR, Crude oil oil production, Gas and mining taxes, Global, ISCR, Monetary policy, Oil, Policy implementation, Reform agenda, Sector GDP growth, Staff appraisal, Tariffs

Publication Details

Pages:

69
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/180
Stock No:

1NGAEA2006001
ISBN:

9781451829013
ISSN:

1934-7685

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