February 11, 2022/Coronation Research

Today we shed some light on the recently published IMF Article IV on Nigeria. The consultations with Nigerian officials on economic developments and policies for the 2022 Article IV ended in mid-November.

The publication commends the authorities for the measures taken to address the health and economic impacts of the COVID-19 pandemic which have exacerbated pre-existing weaknesses.

However, it emphasised the need for major reforms in the fiscal, exchange rate, trade, and governance areas to support long-term, inclusive growth and sustain macroeconomic stability.

For the full economic note, please click here.