Tinubu Govt Has Not Borrowed From CBN — Edun

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Naijanews April 19, 2024 2:23 p.m.

Tinubu Govt Has Not Borrowed From CBN — Edun

Underscoring the coordinated approach to address inflation and exchange rate stability, Edun said: “We will pin down Ways and Means to alleviate the pressure of excess money in the system.” The Minister stressed the importance of reducing reliance on borrowing and enhancing domestic resource mobilisation.

He emphasised the collaborative efforts between fiscal and monetary authorities to combat inflation and stabilise prices, highlighting the objective of lowering interest rates to facilitate affordable borrowing for investors and drive economic recovery..

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