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    Home»Finance

    FG Promotes Fiscal, Monetary Policy Coordination at Renewed Hope Agenda Workshop

    By National UpdateOctober 9, 2024 Finance No Comments2 Mins Read
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    In a to rejuvenate Nigeria’s economy, the Federal Government has organized a two-day workshop focused on enhancing the alignment between fiscal and monetary policies. The Renewed Hope Agenda workshop, hosted by the Federal Ministry of Finance in partnership with the Central Bank of Nigeria (CBN), aims to strengthen the government’s technical capacity for implementing vital macroeconomic strategies.

    During the workshop, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, addressed the pressing fiscal challenges facing Nigeria.
    Director of Information and Public Relations, Mohammed Manga in a statement quoted the Minister to have proposed a series of innovative reforms designed to drive economic growth under President Bola Ahmed Tinubu’s administration.
    Edun stressed the critical importance of harmonizing fiscal and monetary policies to control inflation, attract investments, and ensure sustainable economic development.

    Reiterating President Tinubu’s dedication to economic recovery, Minister Edun highlighted the need for effective policy implementation and enhanced international collaboration.
    He urged participants to utilize insights gained from the workshop to promote long-term fiscal stability and sustainable growth.

    The event featured discussions on essential topics, including Public-Private Partnerships (PPP) for Infrastructure Development, Managing Foreign Currency Liabilities, and Leveraging Innovation for Economic Growth.
    Attendees also explored the role of technological advancements in boosting Nigeria’s competitiveness on the global stage.

    As the workshop wraps up, there is renewed optimism for Nigeria’s economic future.
    With Minister Edun’s call to action, policymakers are prepared to implement necessary reforms, harness technology, and cultivate international partnerships.
    The Renewed Hope Agenda workshop marks a significant step toward Nigeria’s economic revitalization, fueled by coordinated policy efforts and a shared vision for progress.

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