In a chat with newsmen at the conclusion of the International Monetary Fund and World Bank Group spring meetings in Washington DC, the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, highlighted the significant strides made in Nigeria’s economic reforms.
Cardoso underscored that the country’s bold policy shifts have not only strengthened the nation’s economic fundamentals but have also restored investor confidence.
He noted that these reforms, combined with efforts to enhance Nigeria’s financial stability and improve foreign exchange inflows, are positioning the country for sustainable long-term growth, despite global economic uncertainties.
Speaking on the outcomes of the IMF/World Bank Spring Meetings, Cardoso said, “These Meetings come at a time of heightened global uncertainty an era that is testing the resilience of economies worldwide and underscoring the urgent need to build stronger safeguards against external shocks.
“Against this backdrop, our delegation used the meetings as a platform to spotlight Nigeria’s bold economic reforms and explore further measures to enhance macroeconomic stability, strengthen our financial system, and drive inclusive growth for all Nigerians.”
