Financing government programmes in economic downturn: a comparative analysis

Authors

T. Oshikoya, Nextnomics Advisory

Publisher

Central Bank of Nigeria

Keywords

Government programmes, Economic downturn, Oil prices, Oil exporting countries, Framework, Mid-term expenditure framework (MTEF)

Abstract

This paper examines the experience of Nigeria and other oil exporting countries in adjusting to lower oil prices and financing government programmes during economic downturn.

Author Bio

Dr Temitope Oshikoya is the Managing Partner at Nextnomics Advisory. He was previously the Director General of West African Monetary Institute; Director, Economic Research, African Development Bonk; Chief Economist, Africa Finance Corporation; a

Publication Title

CBN Economic and Financial Review

Issue

4

Volume

53

Recommended Citation

Oshikoya, T. (2015). Financing government programmes in economic downturn: a comparative analysis. CBN Economic and Financial Review. 53(4), 31-45.