Nigeria : Selected Issues.

This Selected Issues paper examines the role of lower oil prices in the recent deterioration in Nigeria's macroeconomic indicators, the impact on corporate and financial sector performance. and the forward-looking aspects of promoting job-intensive growth and strengthening state and local gover...

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Bibliographic Details
Corporate Author: International Monetary Fund. African Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Staff Country Reports; Country Report ; No. 2017/081
Online Access:Full text available on IMF
Description
Summary:This Selected Issues paper examines the role of lower oil prices in the recent deterioration in Nigeria's macroeconomic indicators, the impact on corporate and financial sector performance. and the forward-looking aspects of promoting job-intensive growth and strengthening state and local government finances. Although the slump in oil prices contributed to sluggish growth, the lack of foreign exchange weakened corporate performance, setting the stage for nonperforming loans. Structural reforms to improve the business environment can have a positive impact on growth, while fiscal reforms would help strengthen finances of subnational governments.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
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Physical Description:1 online resource (57 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students