Posted by: APO | 30 March 2017

IMF Executive Board Concludes 2017 Article IV Consultation with Nigeria

On March 29, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Nigeria. With oil receipts dominating fiscal revenue and exports, the Nigerian economy has been hit hard by low oil prices and falling oil production. The country entered into a recession in 2016, with growth contracting by 1.5 percent. Annual inflation levels doubled to 18.6… Read more on http://imf-fmi.africa-newsroom.com/press/imf-executive-board-concludes-2017-article-iv-consultation-with-nigeria?lang=en


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