The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has commended Nigeria’s economic reforms under the leadership of President Bola Tinubu.
In a statement shared on her X (formerly Twitter) page on Thursday, following her meeting with President Tinubu at the G20 Summit in Brazil, Georgieva praised Nigeria’s decisive measures aimed at fostering economic growth and creating jobs for its citizens.
Describing the engagement with President Tinubu as “excellent,” the IMF chief highlighted the progress made by Nigeria in its pursuit of economic stability and reaffirmed the IMF’s commitment to supporting the country’s recovery and sustained development.
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Her post read, “Excellent meeting with Nigerian President @officialABAT at the #G20 Summit. Commended Nigeria’s decisive actions to reform the economy, accelerate growth and generate jobs for its vibrant population. The IMF strongly supports Nigeria on this journey.”
Georgieva’s remarks underscore Nigeria’s ongoing economic reforms, including the removal of subsidies, exchange rate harmonisation, and policies aimed at restoring investor confidence and strengthening fiscal discipline.
While the reforms are seen as critical for Nigeria’s long-term growth, they have generated significant debate domestically due to their impact on living standards, as Nigerians continue to grapple with inflation and rising poverty levels.
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