FG SEEKS TO DEEPEN FISCAL AND MONETARY POLICY COORDINATION

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The Federal Government has convened a workshop, to equip policymakers with innovative solutions for sustainable growthwhile championing coordination between fiscal and monetary policies as it seeks to revitalize the economy.

Organised by the Federal Ministry of Finance in partnership with the Central Bank of Nigeria (CBN), the two-days workshop is aimed at strengthening the Federal Government’s technical capacity in implementing macroeconomic, monetary, and fiscal policies that are vital to Nigeria’s future growth.

This was contained in a statement issued by Mohammed Manga, Director Information and Public Relations at the ministry.

He said the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, in his address on Critical Priorities in Macroeconomic and Fiscal Policy Coordination highlighted Nigeria’s current fiscal challenges while proposing innovative reforms to stimulate economic growth under the leadership of President Bola Ahmed Tinubu.

He stressed the importance of aligning fiscal and monetary policies to curb inflation, attract investment, and foster sustainable economic development.

Mr Edun reiterated President Tinubu’s strong commitment to guiding Nigeria towards economic recovery through sound policy implementation and international collaboration. He emphasized the need to leverage the workshop’s insights to ensure long-term fiscal stability and sustainable growth.

Significant sessions of the workshop include Public-Private Partnerships (PPP) for Infrastructure Development, Managing Foreign Currency Liabilities, and Driving Economic Growth through Innovation.

 


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