01862cas a2200241 a 4500 AALejournalIMF016748 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484320037 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Nigeria : 2016 Article IV Consultation- Press Release; Staff Report; and Statement by the Executive Director for Nigeria. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (88 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 This paper discusses outlook and risk for Nigeria. Its economy has been hit hard by global developments that have aggravated longstanding development weaknesses. Macrofinancial outcomes are closely linked with the price of oil. Policy uncertainty has amplified the impact of global developments. The large permanent terms-of-trade shock requires a significant macroeconomic adjustment. It is important to initiate urgently an integrated package of policies centered on a fundamental change in the nature of government; reducing external imbalances (including real exchange rate realignment); further safeguarding the resilience and improving the efficiency of the banking sector; and implementing structural reforms for inclusive growth. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/101 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/101/002.2016.issue-101-en.xml IMF e-Library