Header Ads

Header ADS

Federal Government Expects Better Development On Coordinated Fiscal

40 Secs Read 
The Nigerian Honorable Minister of Budget and National Planning is confident of the continuous flourishing of the country's economy in this season.

Senator Udoma Udo Udoma believes that the economy will keep maintaining its recovery this year.

According to Udoma, considering some factors which the current administration keeps pushing in recent times, inflation should be reduced to 9 . 98 % this year from 11 . 44 % as at December last year.

Some of the factors includes the stability of the exchange rate, improved coordination of fiscal and monetary policies, earning more money while exporting oil, and so on and so forth.

They Minister was speaking at an event in Lagos recently, and he told the gathering that the proposed 2019 Budget is aimed to achieve some set of important goals.

According to him, some of the aims are to reposition the country's economy on the path of faster, inclusive , diversified and sustainable growth.

He also emphasized on the administration's interest in seeing more citizens coming out of powevrtyy.

Udoma stated that the administration seeks more diversified and inclusive growth in this current year and over the medium term, and that the budget is meant to leap Nigeria into creating jobs for the teeming population, amidst others.

No comments

Powered by Blogger.