01661cas a2200241 a 4500 AALejournalIMF002259 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451828900 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Nigeria : Staff Report for the 2002 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (72 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Nigeria's 2002 Article IV Consultation highlights that major macroeconomic imbalances had emerged as a result of sharp increases in government spending and expressed concern at the risks of a further acceleration of inflation and continuing instability in the exchange market. The overall fiscal balance deteriorated sharply in 2001, the external accounts worsened, and inflation accelerated. The overall stance of fiscal policy remains highly expansionary in 2002, notwithstanding efforts by the authorities to contain capital spending. Lax financial policies have led to a sharp fall in international reserves. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2003/003 Full text available on IMF http://elibrary.imf.org/view/journals/002/2003/003/002.2003.issue-003-en.xml IMF e-Library