Nigeria: Joint Staff Advisory Note of the Poverty Reduction Strategy Paper: National Economic Empowerment and Development Strategy (NEEDS)

International Monetary Fund

No 2005/434, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper presents a Joint Staff Advisory Note on Nigeria’s Poverty Reduction Strategy Paper. Within the framework of Nigeria’s federation, policy coordination between the three tiers of government is critical for achieving poverty reduction objectives. The National Economic Empowerment and Development Strategy (NEEDS) provides for a considerable increase in public investments, which primarily reflects the government’s desire to address the country’s vast development requirements. NEEDS places considerable emphasis on strengthening public expenditure management to ensure that spending is effective, efficient, and clearly linked to the achievement of objectives of NEEDS.

Keywords: ISCR; CR; government; NEEDS document; further government attention; reform program; government support; poverty diagnosis; NEEDS strategy; government's desire; performance target; Poverty reduction strategy; Poverty reduction (search for similar items in EconPapers)
Pages: 12
Date: 2005-12-19
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