Nigeria had been grappling with weak recovery from a recession in 2016, with GDP growth rate tapering around 2.3 percent in 2019. The debt service-to-revenue ratio has been at 60 percent for the past four years.
May 18, 2020
The economic impact of domestic responses to COVID-19: the case of Nigeria
The paper discusses the Macroeconomic impact of budget and its process and how to achieve an efficient and timely budget cycle.
The paper examines if the nature of the economic growth in Nigeria is inclusive (Pro-poor) or exclusive (pro-rich) and recommends ways to achieve inclusive growth with emphasis on Pro-poor spending.
The paper analyses the impact of public debt on an economy using Nigeria as case study and identifies steady states in the model of a closed economy.