Summary:Economic growth improved against the backdrop of a restrained fiscal stance and progress in structural reforms during the authorities’ ECF-supported program in 2010–14. Growth is projected to exceed 5 percent in 2015–16 despite recent headwinds from the slowdown in Nigeria, reflecting stepped-up public investment to address infrastructure bottlenecks in 2015–19. Achieving the authorities’ objective of accelerating growth will require stronger progress in structural reforms in the business environment, public financial management, and domestic revenue mobilization.
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