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FISCAL STANCE AND MACROECONOMIC PERFORMANCE IN NIGERIA
Nigeria’s fiscal deficits have persistently exceeded the conventional benchmark of 5.0% as a proportion of Gross Domestic Product (GDP) when it averaged 9.8% per annum between 1970 and 2008. Over the same period, the mean annual growth rates of real GDP, investment and money growth stood at 2.3%, 1....
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2012-07
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