Central Bank of Nigeria Library

Mutual interests - mutual benefits :

Mutual interests - mutual benefits : evaluation of the 2005 debt relief agreement between the Paris Club and Nigeria, Main report / IOB, SEO. - The Hague: Ministry of Foreign Affairs of the Kingdom of the Netherlands, 2011. - 290p. : ill. col. maps; 24cm + 1 CD-ROM (4 3/4 in.). - IOB evaluation, no. 340. .

Accompanying CD-ROM contains pdf files of the full report and a background information paper on Nigeria. A joint evaluation organized and funded by the Policy and Operations Evaluation Department (IOB) of the Dutch Ministry of Foreign Affairs and the Special Evaluation Office of Internal Cooperation (SEO) of the Belgian Federal Public Service Foreign Affairs, Foreign Trade and Development Corporation.

The agreement between 15 creditors united in the Paris Club and Nigeria in 2005 was the second biggest debt cancellation deal ever. The IMF and the World Bank both played a key role. Nigeria repaid US$12 billion and introduced econoic reforms in return for debt cancellation to the tune of US$18billion. This evaluation which was organised and funded by Belgium and the Netherlands, first explains how the deal came about between 2000 and 2005. It goes on to reveal the consequences for the Nigerian economy, and the impact on poverty reduction in Nigeria, with more than 150 million inhabitants, the country with the biggest population in Africa.

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Debt relief -- Nigeria. .
Debts, External --Nigeria.
Debt repayment
Economic assistance--European -- Nigeria.
Debt repayment
Economic history.


Nigeria.
Nigeria --Economic conditions --1970-

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