Nigeria: 2024 Article IV Consultation-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Nigeria

May 9, 2024

Preview Citation

Format: Chicago

Nigeria: 2024 Article IV Consultation-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Nigeria, (USA: International Monetary Fund, 2024) accessed December 21, 2024

Summary

Over the last decade, Nigeria’s growth has just about kept up with population dynamics. Poverty has increased, and food insecurity is rising. The government is constrained by low domestic revenue mobilization. Governance problems remain pervasive. The external environment—cost of financing—remains difficult, high oil and gas prices notwithstanding. The new administration has set out on an ambitious reform path to restore macroeconomic stability and develop a pro-growth reform agenda.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Crime, Currency markets, Energy subsidies, Expenditure, Financial markets, Foreign exchange, Inflation, International organization, Monetary policy, Prices

Keywords: Africa, Anti-money laundering and combating the financing of terrorism (AML/CFT), Currency markets, Energy subsidies, Global, Inflation, Inflation print, Inflation projection, March inflation, March production, Monetary policy committee meeting

Publication Details

Pages:

98
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2024/102
Stock No:

1NGAEA2024002
ISBN:

9798400275074
ISSN:

1934-7685

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