Simulating the Impact of the Economic Sustainability Plan on the Performance of the Nigerian Economy in the Post COVID-19 Era

نویسندگان

چکیده

This study examines the impact of Economic Sustainability Plan (ESP) on performance Nigerian economy as a national economic resilient policy in post COVID-19 era within framework macro-econometric model. The is hinged Keynesian general theory employment, income and interest. Annual time series data spanning from 1970 to 2019 for sample forecast, six-year out-of-sample forecast 2020 2025 were used. scenario 21.3 percent increase government expenditure under ESP stimulus package was simulated findings showed that critical areas would bring about significant macroeconomic economy, especially inflation, growth balance payment era. Emergent these findings, recommended among others should mobilize resources finance order stimulate by ensuring prudential fiscal management resources; Central Bank Nigeria (CBN) ensure financial institutions saddled with responsibility disbursement intervention funds reduce interest rate 9 5 reflected ESP.

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ژورنال

عنوان ژورنال: Open journal of modelling and simulation

سال: 2022

ISSN: ['2327-4026', '2327-4018']

DOI: https://doi.org/10.4236/ojmsi.2022.102007