International Monetary Fund (IMF) Managing Director Kristalina Georgieva has praised Nigeria’s recent economic reforms under the leadership of President Bola Tinubu. Following a meeting at the G20 Summit in Brazil, Georgieva expressed her admiration for the country’s decisive actions to stimulate growth and create jobs.
In a statement on X, Georgieva emphasized the IMF’s strong support for Nigeria’s ongoing economic transformation. She acknowledged the challenges faced by the nation, including high inflation and poverty, but expressed confidence in the government’s ability to navigate these difficulties.
Nigeria’s recent economic reforms, such as the removal of fuel subsidies and the unification of the exchange rate, have been aimed at stabilizing the economy and attracting foreign investment. While these measures have been controversial, they are seen as crucial steps towards long-term economic growth and development.
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