Region: Sub-Saharan Africa
Country: Nigeria
Keywords: Knowledge Lab, Legal Framework
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Document(s):
Document Summary:
The 2016 Budget of Change has been designed to actively pursue macroeconomic policies and growth strategies that will reflate the economy by investing in key infrastructure and social development.
Document Details:
The key objectives are:
- Ensuring a stable macroeconomic environment for real sector development;
- Investments in critical infrastructure, science, technology and innovations that will enhance productivity and lower costs of doing business;
- Creating a significant number of jobs to reduce unemployment and underemployment especially among the youth;
- Protecting the poor and vulnerable by special social intervention programmes
- Building an economy that is less vulnerable to oil price shocks by vigorously pursuing economic diversification.
Updated: March 7, 2022