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ECONOMIC RECOVERY GROWTH PLAN

1 FEDERAL REPUBLIC OF NIGERIA ECONOMIC RECOVERY & GROWTH PLAN 2017-2020 Ministry of Budget & National Planning FEBRUARY, 2017 2 CONTENTS GLOSSARY .. 5 LIST OF FIGURES, TABLES AND BOXES .. 8 EXECUTIVE SUMMARY .. 10 Introduction .. 10 ERGP s New Approach .. 10 Broad Objectives of the Plan .. 12 Macroeconomic Framework .. 16 Outlook for the Plan .. 19 1 INTRODUCTION .. 21 Rationale for the ECONOMIC RECOVERY and GROWTH Plan .. 22 Governing Principles of the ERGP .. 25 ERGP s New Approach .. 26 The Vision and Strategic Objectives of the ERGP .. 27 2 RESTORING GROWTH MACROECONOMIC STABILITY .. 33 Macroeconomic Objectives .. 33 Macroeconomic Framework.

1 FEDERAL REPUBLIC OF NIGERIA ECONOMIC RECOVERY & GROWTH PLAN 2017-2020 Ministry of Budget & National Planning FEBRUARY, 2017

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