Central Bank of Nigeria, Research Department
Government programmes, Economic downturn, Theoretical issues, Adjustment programmes, Macroeconomic stability, Foreign direct investment
The purpose of this paper is to articulate the theoretical issues and perspectives which underscore the need for caution in financing government programmes whether in the recurrent outlay or capital programmes as individual financing modes have built in costs and risks that could inhibit the realisation of government objectives.
Ekpo, H.A. (2015). Financing government programmes in economic downturn: theoretical issues and perspectives. CBN Economic and Financial Review. 53(4), 9-29.