01579cas a2200241 a 4500 AALejournalIMF012022 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475506679 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Nigeria : Staff Report for the 2011 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (80 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 The Nigerian economy remained strong, with a non-oil real GDP of 8.3 percent and an overall real GDP of 6.7 percent. A modest fiscal consolidation took place in 2011 as a response to the substantial monetary tightening by the Central Bank of Nigeria and moderation of food prices. Banks showed continued improvement in financial stability. Executive Directors commended the authorities for countercyclical policies. However, they emphasized the need for policies that safeguard macroeconomic stability and ensure inclusive growth. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2012/194 Full text available on IMF http://elibrary.imf.org/view/journals/002/2012/194/002.2012.issue-194-en.xml IMF e-Library