NEC backs finance minister, says no money printed

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 78%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The National Economic Council says the claim N60 billion was printed in March was false.

The National Economic Council has denied the federal government printed money to boost allocations to states in March, brushing aside explanations by the central bank governor that the bank was within its rights to do so.

Mr Obaseki, a former investment banker and former finance commissioner in Edo, described the move as “monetary rascality” and urged the government to “stop playing the ostrich”. “If you understand the concept of printing of money. The concept printing of money, it’s about lending money,” he said.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in BE

Belgique Dernières Nouvelles, Belgique Actualités