Nigeria Request For A Two Year Policy Support Instrument


Nigeria Request For A Two Year Policy Support Instrument
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Nigeria Request For A Two Year Policy Support Instrument


Nigeria Request For A Two Year Policy Support Instrument
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2005-12-19

Nigeria Request For A Two Year Policy Support Instrument written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-12-19 with Business & Economics categories.


This paper presents Nigeria’s Request for a Two-Year Policy Support Instrument to support its reform efforts. All three tiers of government have adhered to a conservative oil price-based fiscal rule, resulting in large overall budget surpluses and a significant buildup of international reserves. The authorities have also initiated a broad structural reform program. GDP growth has been robust, benefiting from the improved macroeconomic environment and policy initiatives to spur agricultural production; and the medium-term growth outlook is favorable.



Nigeria


Nigeria
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2007-07-31

Nigeria written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-07-31 with Business & Economics categories.


This paper examines Nigeria’s Third Review Under the Policy Support Instrument. Robust growth, lower inflation, a dramatic decline in debt, and an accumulation of significant reserves are among the notable economic achievements. It will be important to consolidate and institutionalize these gains as the foundations for sustained and improved economic performance. Non-oil growth accelerated and its prospects are promising. Inflation remained in line with the single-digit program target owing to a likely increase in confidence and money demand.



International Monetary Fund Annual Report 2007


International Monetary Fund Annual Report 2007
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2007-10-17

International Monetary Fund Annual Report 2007 written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-10-17 with Business & Economics categories.


The Annual Report 2007 to the Board of Governors reviews the IMF’s activities and policies during the financial year (May 1, 2006, through April 30, 2007). This year’s Report has been streamlined and translated into three more languages than in the past: Arabic, Japanese, and Russian. Besides an Overview, the chapters cover promoting financial and macroeconomic stability and growth through surveillance; program support; capacity building; technical assistance and training; and the IMF’s governance, organization, and finances. The full financial statements for the year and other appendixes are provided on a CD-ROM.



Nigeria


Nigeria
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2007-10-23

Nigeria written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-10-23 with Business & Economics categories.


The staff report for the Fourth Review on Nigeria highlights developments under the Policy Support Instrument (PSI). Robust non-oil sector growth significantly strengthened fiscal and external positions, reducing inflation that surpassed the original program goals. Fiscal risks have increased in the short term because recent practices on the use of an oil price rule and oil savings, which have been important to macroeconomic performance, are being revisited. The government’s consensual approach within the framework of the constitution offers the prospect of a lasting solution.



Nigeria S Growth Record


Nigeria S Growth Record
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Author : Nina Budina
language : en
Publisher:
Release Date : 2007

Nigeria S Growth Record written by Nina Budina and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Economic development categories.


Nigeria's oil boom has not brought an end to perennial stagnation in the non-oil economy. Is this the unavoidable consequence of the resource boom or have misguided policies contributed? This paper indicates that the extreme volatility of expenditure rather than Dutch Disease effects are behind the disappointing non-oil growth record. Fiscal policies failed to smooth highly volatile oil income; on the contrary government expenditure was more volatile than oil income. The authors provide econometric evidence showing that volatility of expenditure was increased by debt overhang problems. Moreover, they also find evidence of voracity effects that exacerbated expenditure volatility prior to 1984.



Review Of The Experience With The Policy Support Instrument


Review Of The Experience With The Policy Support Instrument
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Author : International Monetary Fund. Strategy, Policy, & Review Department
language : en
Publisher: International Monetary Fund
Release Date : 2009-04-06

Review Of The Experience With The Policy Support Instrument written by International Monetary Fund. Strategy, Policy, & Review Department and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-04-06 with Business & Economics categories.


This review is focused mainly on the implementation of the Policy Support Instrument (PSI) against the goals and expectations set out by the Executive Board. Some possible modifications to the PSI that have been considered by various stakeholders are also touched upon in the concluding section. This review was conducted in parallel with ongoing work on a new architecture of lending facilities for low-income countries (LIC). Based on the results of this review, the reform of LIC facilities is not expected to alter the case for the PSI as a complement to financing instruments.



The Political Economy Of Trade Finance


The Political Economy Of Trade Finance
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Author : Pamela Blackmon
language : en
Publisher: Taylor & Francis
Release Date : 2017-01-20

The Political Economy Of Trade Finance written by Pamela Blackmon and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-20 with Business & Economics categories.


Export Credit Agencies provide insurance and guarantees to domestic firms in the event that payment is not received from an importer. Thus, ECAs reduce uncertainties domestic firms face in exporting their goods. Most countries have ECAs that operate as official or quasi-official branches of their governments and they therefore represent an important part of government strategies to facilitate trade, promote domestic industry and distribute foreign aid. The Political Economy of Trade Finance provides a detailed analysis as to how firms use the medium and longer-term financing provided by ECAs to export goods to developing countries. It also explains how ECA arrears have contributed to the debt of developing countries and illustrates how the commercial interests of ECA activity are evident in decisions about IMF arrangements and related to Paris Club debt rescheduling agreements. Finally, the book documents how the medium and longer-term export credit insurance support provided by the G-7 ECAs was a central component in mitigating steep declines in international trade during the 2008 Global Financial Crisis. This book is of great interest to both academics and students in the field of political economy, finance and politics of international trade. It is also of importance to policy makers.



Annual Report Of The Executive Directors For The Fiscal Year


Annual Report Of The Executive Directors For The Fiscal Year
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Author : International Monetary Fund
language : en
Publisher:
Release Date : 2005

Annual Report Of The Executive Directors For The Fiscal Year written by International Monetary Fund and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Foreign exchange categories.




Application Of Structural Conditionality 2008 Annual Report


Application Of Structural Conditionality 2008 Annual Report
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Author : International Monetary Fund. Legal Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2008-07-14

Application Of Structural Conditionality 2008 Annual Report written by International Monetary Fund. Legal Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-07-14 with Business & Economics categories.


This report provides an update, based on objective indicators, of the application of structural conditionality in Fund-supported programs. Such annual reports on structural conditionality are one element of the management implementation plan (MIP) prepared in response to the Board-endorsed recommendations made in the IEO evaluation of Structural Conditionality in IMF-Supported Programs. This annual report covers Fund arrangements approved during the period 1995–2007 (and their reviews through April 30, 2008), extending therefore the dataset contained in the recent IEO report by about three years (from 2005 to 2007). In addition, this report examines experience with Policy Support Instruments (PSIs), which were introduced in October 2005, and thus not covered in the IEO evaluation.



Annual Report


Annual Report
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Author : International Monetary Fund
language : en
Publisher:
Release Date : 2009

Annual Report written by International Monetary Fund and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Globalization categories.