" We're Already Getting Out Of Recession " - Minister of Finance

Forum 7 years ago

" We're Already Getting Out Of Recession " - Minister of Finance

The Minister of Finance, Mrs. Kemi Adeosun, has said the country is already getting out of the economic recession, given the pragmatic approaches the Federal Government is taking to reverse the trend.

She said this on Wednesday while fielding questions from journalists at the end of a two-day National Council of Finance and Economic Development conference held at the Green Legacy Resort, Olusegun Obasanjo Presidential Library, Abeokuta.

She noted that since the problems have been identified, and steps are already being taken to block waste, the road to recovery was sure.

She said,
“We are already getting out of recession because of the actions the Federal Government is taking.

“We are investing more in capital than we have ever invested. We are sorting out infrastructure, we are stopping wastage and so the signs of recovery are already there.”She explained that agriculture and solid minerals are already starting to grow, as they are responding to government’s policy initiative.Adeosun said stakeholders from 36 states across the country had brainstormed for two days while resource persons also delivered papers, adding that the economic recovery would be driven at the state and local government levels.

She advised finance commissioners and the accountant-generals in the states to compute their balance sheets, which would show their assets and liabilities.

What's your rating?
0
{{ratingsCount}} Votes


Related forums
Tinubu’s Government Has Not Borrowed From CBN – Finance Minister
Forum | 4 days ago

Tinubu’s Government Has Not Borrowed From CBN – Finance Minister

Electricity Tariff Will Reduce If Exchange Rate Drops To N1,000/$ – Minister Of Power, Adelabu Says
Forum | 1 week ago

Electricity Tariff Will Reduce If Exchange Rate Drops To N1,000/$ – Minister Of Power, Adelabu Says

Relax, Things Are Getting Better – Akpabio Declares
Forum | 1 week ago

Relax, Things Are Getting Better – Akpabio Declares

“I wasn’t getting roles but when I met Ruth Kadiri everything changed” – Chidi Dike reveals
Forum | 2 weeks ago

“I wasn’t getting roles but when I met Ruth Kadiri everything changed” – Chidi Dike reveals