Nigeria: Poverty Reduction Strategy Paper: Progress Report: Joint Staff Advisory Note

August 3, 2007

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Format: Chicago

Nigeria: Poverty Reduction Strategy Paper: Progress Report: Joint Staff Advisory Note, (USA: International Monetary Fund, 2007) accessed November 22, 2024

Summary

This paper discusses key findings of the annual progress report on implementing the National Economic Empowerment and Development Strategy (NEEDS)—Nigeria’s Poverty Reduction Strategy Paper. The progress report highlights key accomplishments and shortcomings as well as outstanding issues. Key macroeconomic indicators improved during the last years, reflecting the authorities’ attention to macroeconomic management, an improved policy framework, and favorable external environment. Non-oil growth was robust, and despite unrest in the Niger Delta, oil production could fully fill the OPEC quota. The budgetary oil price rule was an essential anchor of fiscal policy.

Subject: Education, Health, Infrastructure, National accounts, Oil prices, Prices, Public financial management (PFM), Public sector

Keywords: Authorities' strategy, CR, Further government attention, Government, Government contract, Government operation, Homegrown NEEDS, Infrastructure, ISCR, NEEDS implementation, NEEDS successor strategy, Oil prices, Policy, Policy coordination, Strategy

Publication Details

Pages:

9
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/271
Stock No:

1NGAEA2007004
ISBN:

9781451829044
ISSN:

1934-7685

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