European Parliament Library

Nigeria :, Second Review Under the Policy Support Instrument—Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Nigeria

This paper discusses key findings of the Second Review Under the Policy Support Instrument for Nigeria. All assessment criteria through end-September were met except for one civil service-related measure. Remedial measures have prevented the civil service reform program from being compromised. Four structural benchmarks, including two privatizations, were delayed. Against the backdrop of improved macroeconomic performance and large oil wealth, focus is on achieving the Millennium Development Goals including through increased infrastructure spending. Targeted spending in the Niger Delta could help restore stability and boost Nigeria’s economic growth
Table Of Contents
Cover; Contents; Executive Summary; I. Sustaining Reforms in a Difficult Policy Environment; II. Spending to Close the Infrastructure Gap; Figures; 1. Spending Needs and Wealth; Boxes; 1. The Infrastructure Gap; III. Balancing Spending Needs with Macroeconomic Stability; 2. Monetary Policy and Inflation; IV. Safeguarding Nigeria's Wealth; V. Institutionalizing and Consolidating Structural Reforms; VI. Program Monitoring; VII. Staff Appraisal; Tables; 1. Selected Economic and Financial Indicators, 2004-09; 2a. Consolidated Government (Cash Basis), 2004-07
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (81 p.)
Specific Material Designation
Form Of Item

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