Iroka Chinedu
New Member
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has predicted a fragile economic growth for 2018.
To achieve this fragile but promising growth, the Committee urged “the government to initiate strong stabilisation programmes and freeze the growth in its aggregate expenditure and Federation Account Allocation Committee (FAAC) distributions to create savings needed to stabilise the economy against future oil price related shocks.”
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To achieve this fragile but promising growth, the Committee urged “the government to initiate strong stabilisation programmes and freeze the growth in its aggregate expenditure and Federation Account Allocation Committee (FAAC) distributions to create savings needed to stabilise the economy against future oil price related shocks.”
Click here to read more