Edun made this disclosure on Thursday while fielding questions from newsmen after a meeting with investors at the ongoing Spring Meetings of the IMF and World Bank in Washington DC, United States. He said the Federal Government would pin down Ways and Means to deal with the problem of too much liquidity in the system, adding that the fiscal and monetary authorities were complementing each other to bring down inflation.
“By doing so the two authorities are working hand in hand to bring down inflation and pressure on price stability and stabilizing the exchange rate, with the target of bringing down interest rates so that investors can borrow at a more affordable rate and getting the economy going in the right direction again. “We need to borrow less and focus more on domestic resource mobilization. We want long-term resources to avoid repayment and refinancing pressures.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Abiodun Sowemimo: Leading finance’s future with Forbes Finance CouncilIn March 2024, the global business community welcomed a visionary leader and innovative thinker, Abiodun Sowemimo, into its esteemed ranks. As the Founder and CEO of CapitalMetriQ Swift Bank, iNet Telecommunications, InfoMetriQ Data Network, and Cyberpedia.app.
출처: DailyPostNGR - 🏆 11. / 59 더 많은 것을 읽으십시오 »
Why Nigerian govt issued N8trn treasury bills – Finance Minister, EdunMinister of Finance, Wale Edun, has said that the Nigerian Government issued N8 trillion in government security, known as treasury bills, to stabilize and boost the economy. He disclosed this in an interview with journalists on Thursday during the International Monetary Fund, IMF/World Bank spring meetings in Washington D.C.
출처: DailyPostNGR - 🏆 11. / 59 더 많은 것을 읽으십시오 »
Olam Agri reaffirms commitment to food security, meets minister of financeNigeria's independent online newspaper
출처: thecableng - 🏆 2. / 80 더 많은 것을 읽으십시오 »
Nigeria's Economy Moving in the Right Direction, Says Finance MinisterWale Edun, minister of finance and coordinating minister of the economy, states that Nigeria's economy is improving due to the positive impact of current administration policies. The government has made significant progress in terms of oil revenues and stabilizing the foreign exchange market.
출처: thecableng - 🏆 2. / 80 더 많은 것을 읽으십시오 »