International Monetary Fund (IMF) has revealed it is strongly in support of economic reforms introduced in Nigeria under President Bola Ahmed Tinubu.
Gatekeepers News reports that Managing director of the organisation, Kristalina Georgieva made the revelation through a statement posted on on X on Thursday.
Georgieva lauded economic reforms implemented under the current administration.
This followed a meeting with the president on the sidelines of G20 summit in Brazil.
The statement goes, “Excellent meeting with 🇳🇬 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.”
Among the policies of Tinubu’s administration are Petrol subsidy removal, liberalisation of foreign exchange system, and the recent deregulation of the country’s petroleum downstream sector.
The policies are expected to reset Nigeria’s economy, regain investors’ confidence, and attract investment in critical sectors.
