Identifier
Created
Classification
Origin
07ABUJA2127
2007-10-03 14:07:00
UNCLASSIFIED//FOR OFFICIAL USE ONLY
Embassy Abuja
Cable title:
NIGERIA: POLICY SUPPORT INSTRUMENT PART II
how-toVZCZCXRO5444 PP RUEHMA RUEHPA DE RUEHUJA #2127 2761407 ZNR UUUUU ZZH P 031407Z OCT 07 FM AMEMBASSY ABUJA TO RUEHC/SECSTATE WASHDC PRIORITY 1110 INFO RUEHOS/AMCONSUL LAGOS PRIORITY 8011 RUEHZK/ECOWAS COLLECTIVE RUCPDOC/DEPT OF COMMERCE WASHDC RUEATRS/DEPT OF TREASURY WASHDC
UNCLAS ABUJA 002127
SIPDIS
SENSITIVE
SIPDIS
DEPARTMENT PASS TO USTR (AGAMA)
DEPT OF TREASURY FOR RHALL, DPETERS
E.O. 12598: N/A
TAGS: ECON EFIN EINV PGOV NI
SUBJECT: NIGERIA: POLICY SUPPORT INSTRUMENT PART II
SENSITIVE BUT UNCLASSIFIED - PROTECT ACCORDINGLY
UNCLAS ABUJA 002127
SIPDIS
SENSITIVE
SIPDIS
DEPARTMENT PASS TO USTR (AGAMA)
DEPT OF TREASURY FOR RHALL, DPETERS
E.O. 12598: N/A
TAGS: ECON EFIN EINV PGOV NI
SUBJECT: NIGERIA: POLICY SUPPORT INSTRUMENT PART II
SENSITIVE BUT UNCLASSIFIED - PROTECT ACCORDINGLY
1. (SBU) The GON has prepared a policy document for President
Yar'adua and the Economic Management Team's approval recommending
that Nigeria agree to a second IMF Policy Support Instrument (PSI)
covering 2008-2010. According to Tunde Lawal, Deputy Director of
Growth and Real Sector Development at the National Planning
Commission, a document setting out the parameters acceptable to the
Nigerian government was completed on September 30. Amendments and
approval are being discussed with the Economic Management Team this
week. Lawal reported that the GON hopes to finalize and receive
Presidential approval of the PSI II soon for discussions with IMF
officials during the World Bank/IMF October meetings in Washington,
DC.
PIASCIK
SIPDIS
SENSITIVE
SIPDIS
DEPARTMENT PASS TO USTR (AGAMA)
DEPT OF TREASURY FOR RHALL, DPETERS
E.O. 12598: N/A
TAGS: ECON EFIN EINV PGOV NI
SUBJECT: NIGERIA: POLICY SUPPORT INSTRUMENT PART II
SENSITIVE BUT UNCLASSIFIED - PROTECT ACCORDINGLY
1. (SBU) The GON has prepared a policy document for President
Yar'adua and the Economic Management Team's approval recommending
that Nigeria agree to a second IMF Policy Support Instrument (PSI)
covering 2008-2010. According to Tunde Lawal, Deputy Director of
Growth and Real Sector Development at the National Planning
Commission, a document setting out the parameters acceptable to the
Nigerian government was completed on September 30. Amendments and
approval are being discussed with the Economic Management Team this
week. Lawal reported that the GON hopes to finalize and receive
Presidential approval of the PSI II soon for discussions with IMF
officials during the World Bank/IMF October meetings in Washington,
DC.
PIASCIK