The Nigerian economy is at a critical juncture. A weak pre-crisis economy characterized by falling per capita income, double-digit inflation, significant governance vulnerabilities and limited buffers, is grappling with multiple shocks from the COVID-19 pandemic. Real output is projected to contract by 3.2 percent in 2020, with a weak recovery likely to keep per capita income stagnant and no higher than the 2010 level in the medium term. Policy adjustment and reforms are urgently needed to navigate this crisis and change the long-running lackluster course.
The report provides the IMF's projections and estimates on Malaysia's federal government revenue and grants, and fiscal operations, 1998–2003, economic classification of federal government, labor market developments, operations of state and local governments during 1998–2003, operations of the employee's provident fund, funds raised in the capital market, 1998–2002, developments in Malaysian exchanges, 1998–2002, oil and LNG trade, direction of trade, international reserves, commodity exports, balance of payments, summary of external debt and debt services during 1997–2002, interbank swap transactions, 1998–2003, financial account, services account during 1999–2002, and so on.