The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has called for stronger synergy between fiscal and monetary authorities, especially the Central Bank of Nigeria (CBN), to effectively bring down the inflation rate.
Speaking through his Director of Information and Public Relations, Mr. Mohammed Manga, Edun made this statement during the opening of a two-day Renewed Hope Agenda workshop held in Abuja.
The event, organized by the Federal Ministry of Finance in collaboration with the CBN, sought to boost the Federal Government’s capacity in managing key macroeconomic, monetary, and fiscal policies crucial for Nigeria’s economic stability.
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During his address on the theme, Critical Priorities in Macroeconomic and Fiscal Policy Coordination, Edun outlined the country’s ongoing fiscal challenges and proposed reforms to drive growth under the administration of President Bola Ahmed Tinubu.
He emphasized the need for policy alignment to curb inflation, attract investments, and support long-term economic development.
The workshop underscored the government’s commitment to strengthening its economic management strategies through collaboration between financial institutions and the central bank.
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