Nigeria Development Update, June 2020
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World Bank, Washington, DC
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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.
Palabras clave
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