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Nigeria Development Update, June 2020 : Nigeria in Times of COVID-19 - Laying Foundations for a Strong Recovery

This edition of the Nigeria Development Update provides policy options that Nigerian policymakers may consider in order to mitigate the impacts of COVID-19 (coronavirus) and lay the foundation for a strong recovery. These policy options are organiz...

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Bibliographic Details
Main Author: World Bank
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
OIL PRICES
CORONAVIRUS
COVID-19
AGRICULTURAL PRODUCTIVITY
MIGRATION
PANDEMIC IMPACT
ECONOMIC GROWTH
ECONOMIC OUTLOOK
INFLATION
EXTERNAL SECTOR
MONETARY POLICY
FINANCIAL SECTOR
FISCAL TRENDS
REMITTANCES
BORDER CLOSURE
Online Access:http://documents.worldbank.org/curated/en/695491593024516552/Nigeria-in-Times-of-COVID-19-Laying-Foundations-for-a-Strong-Recovery
http://hdl.handle.net/10986/34046
Description
Summary:This edition of the Nigeria Development Update provides policy options that Nigerian policymakers may consider in order to mitigate the impacts of COVID-19 (coronavirus) and lay the foundation for a strong recovery. These policy options are organized in the five areas: 1. Containing the COVID-19 outbreak and preparing to deal with a more severe outbreak; 2. Enhancing macroeconomic management to boost investor confidence; 3. Safeguarding and mobilizing revenues; 4. Reprioritizing public spending to protect critical development expenditures; 5. Supporting economic activity and provide relief for poor and vulnerable communities.

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