Wale Edun, minister of finance and coordinating minister of the economy, says swift economic reforms are key to recovering from post-COVID-19 effects.
“The reality is that the global economy has not quite recovered from the COVID-19 shock and subsequent shocks, which we are all aware of,” he said.“But the American economy has gone back to pre-COVID levels and has grown about 8 percent over the last four years, whereas the other rich countries and some emerging countries have grown by less than that.
“And that voice has been heard where we hear now about a bigger, a better and a more efficient World Bank and we look forward to that because it means amongst other things, a shortage or a shortening of the period of processing of loans and project financing by the World Bank,” he said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wale Edun: FG revenue rising, things are moving in right directionWale Edun, minister of finance and coordinating minister of the economy, says Nigeria's economy is moving in the right direction as policies
Source: thecableng - 🏆 2. / 80 Read more »
Wale Edun: 10% tax-to-GDP ratio shows Nigerians don’t pay taxesWale Edun, finance minister and coordinating minister of the economy, says Nigeria’s tax-to-GDP ratio is low because citizens are not...
Source: thecableng - 🏆 2. / 80 Read more »
Food inflation slowing, FG’s revenue up, economy in right direction — EdunThe Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the Nigerian economy is moving in the right direction as policies of the new administration has started slowing down food inflation.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Tinubu’s government has not borrowed from CBN — EdunThe Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, said yesterday that the Federal Government would pin down Ways and Means to deal with the problem of too much liquidity in the system
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Reforms growing Nigeria’s economy, Edun tells investorsThe Minister of Finance and Co-ordinating Minister of the Economy, Mr Wale Edun, has told global investors that the bold reform policies being initiated by the President Bola Tinubu administration has set the country on a firm path of accelerated economic growth.
Source: vanguardngrnews - 🏆 5. / 75 Read more »