Again, IMF Throws Weight Behind Tinubu’s Economic Reforms

Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), has expressed the fund’s strong support for the economic reforms introduced in Nigeria under President Bola Tinubu.

Speaking on X on Thursday, Georgieva lauded the reforms implemented under the current government.

The petrol subsidy removal, the liberalisation of the foreign exchange system, and the recent deregulation of the country’s petroleum downstream sector are a few policies of the incumbent government.

READ ALSO: IMF Pledges To Boost Customs Officers’ Technical Capacity

While the policies have been hailed in some quarters, they have reportedly brought hardship on Nigerians.

However, reacting after a meeting with the president on the sidelines of the G20 summit in Brazil, Georgieva hailed the reforms and expressed the Fund’s support for the reforms.

“Excellent meeting with 🇳🇬 President @officialABAT at the #G20 Summit,” the statement reads.

READ ALSO: ASUU Accuses World Bank, IMF Of Undermining Nigeria’s Public Education

“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.”