The Governor of the Central Financial institution of Nigeria (CBN), Olayemi Cardoso, will lead the nation’s delegation to the 2025 World Bank and International Monetary Fund (IMF) annual meetings in Washington, DC, kicking off on Monday.
Mr Cardoso will signify the Minister of Finance and the Coordinating Minister of the Economic system, Wale Edun, who’s presently indisposed.
In a press release on Sunday, the Particular Adviser to the President on Data and Technique, Bayo Onanuga, stated the delegation can even embrace the Minister of State for Finance, Doris Uzoka-Anite.
The conferences are anticipated to give attention to key world financial points, together with debt sustainability, inflation pressures, and methods for inclusive progress.
Nigeria’s participation would allow the federal government to deepen its engagement with growth companions and worldwide lenders whereas the nation is implementing wide-ranging fiscal and financial reforms to speed up financial progress.
In accordance with the World Financial institution, this yr’s conferences highlights embrace the Growth Committee plenary on 16 October and the Worldwide Financial and Monetary Committee session on 17 October.
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There can even be regional briefings, press conferences, and fora centred on worldwide growth, monetary markets, and the worldwide financial outlook.
Nigeria is predicted to leverage the platform to showcase the progress the federal government has recorded with its present raft of reforms aimed toward stabilising the naira, curbing inflation, and bettering investor confidence.
The conferences are additionally prone to open conversations on how multilateral help may assist cushion the social influence of the nation’s financial adjustment insurance policies.
