Finance minister welcomes IMF report

Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has welcomed the report of International Monetary Fund (IMF) staff following a meeting with Federal Government officials.

The report was signed by Mr Aine Matti.

Spokesman for the Ahmed, Mr YunusaTanko Abdullahi says “overall, the report is good because it acknowledged the effort of government in improving the economy through transparency and inclusiveness.”

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Particularly also the IMF team acknowledged the “decreasing inflation rate” which has continued for nine consecutive quarters.

The report also emphasized that “growth is expected to pick up to 2.3% this year on the strength of a continuing recovery in the oil sector and the regaining momentum in agriculture following a good harvest.”