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COVID-19: Osinbajo Meets IMF, World Bank On Economic Stimulus - Business - Nairaland

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COVID-19: Osinbajo Meets IMF, World Bank On Economic Stimulus by bowagateglobal: 4:21pm On Apr 22, 2020
Vice-President Yemi Osinbajo, on Tuesday, has met with representatives of the International Monetary Fund and the World Bank via video conference to discuss collaborative strategies for the economic stimulus packages planned by the Federal Government.

The Osinbajo-led Economic Sustainability Committee had stated that it was working out a stimulus package that would take the country’s economy out of global recession to positive growth in 2021.

The committee was inaugurated by the President, Major General Muhammadu Buhari (retd.), earlier this month.

The Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, posted a video on Twitter on Tuesday, showing Osinbajo in a video conference meeting.

The tweet read, “VP Osinbajo has been busy today holding video conference-based meetings with IMF and World Bank representatives on how the agencies can collaborate with President Buhari’s forthcoming additional economic stimulus packages. Video shows just-concluded meeting with World Bank Nigeria reps.”

The Minister of Finance, Budget and National Planning, Zainab Ahmed, who is a member of the economic sustainability committee, had on April 17, said the global economy would go into recession in 2020 as a result of the coronavirus pandemic.

According to her, the prediction of the IMF that Nigeria will go into a negative growth of 3.4 per cent next year is based on an assessment of the National Bureau of Statistics.

The minister, however, noted that the stimulus package being worked out by the economic sustainability committee would be approved by the President, Major General Muhammadu Buhari (retd.), before it would be announced to Nigerians.

Source: https://punchng.com/osinbajo-meets-imf-world-bank-over-economic-stimulus/

Read Also: https://bowagateglobal.com/2020/02/13/benefits-of-air-freight-consolidation-in-nigeria/amp/

Re: COVID-19: Osinbajo Meets IMF, World Bank On Economic Stimulus by okefrancis: 4:34pm On Apr 22, 2020
This is very interesting sir as it will go along way in the life of the Masses and uptill the economy
Re: COVID-19: Osinbajo Meets IMF, World Bank On Economic Stimulus by Jhayphil: 4:36pm On Apr 22, 2020
This is a very good step towards the welfare of Nigerians. Kudos to the VP and other committee members.
Re: COVID-19: Osinbajo Meets IMF, World Bank On Economic Stimulus by Deputy1111(m): 4:37pm On Apr 22, 2020
The main objective of this committee is to working out a stimulus package that would take the country’s economy out of global recession to positive growth in 2021.May God help you to achieve this.
Re: COVID-19: Osinbajo Meets IMF, World Bank On Economic Stimulus by Joyce95: 4:37pm On Apr 22, 2020
Interesting one, this will help in bringing back the economy fast
Re: COVID-19: Osinbajo Meets IMF, World Bank On Economic Stimulus by Mcphamous(m): 4:37pm On Apr 22, 2020
Where are those asking for Osinbajo
Re: COVID-19: Osinbajo Meets IMF, World Bank On Economic Stimulus by TheRareGem1(f): 4:40pm On Apr 22, 2020
With the confirmation of distribution of paliatives by the President by the request of VP Osinbajo's ESC coupled with this meetting to fast track stimulus package from the imf/world bank, Nigerians will record a significant distribution of paliatives at this trying times.

Well done VP. We are proud of you.
Re: COVID-19: Osinbajo Meets IMF, World Bank On Economic Stimulus by Mcphamous(m): 4:40pm On Apr 22, 2020
This is no doubt a greater effort towards the growth of this nation,Economic sustainability Committee is one committe that I must say that has proven to be working and that’s because the Vice President is the chairman,l love the fact that this committe is making frantic efforts for the masses.
Re: COVID-19: Osinbajo Meets IMF, World Bank On Economic Stimulus by ojokolax: 4:48pm On Apr 22, 2020
Clearly this is a pointer that all claims to the contrary that the VP is incapacitated are false and misleading
Re: COVID-19: Osinbajo Meets IMF, World Bank On Economic Stimulus by Joylove2324(f): 4:58pm On Apr 22, 2020
Osinbajo the man of the people
Re: COVID-19: Osinbajo Meets IMF, World Bank On Economic Stimulus by Zeemam: 5:04pm On Apr 22, 2020
Osinbajo is hale and healthy and where are those asking for Osinbajo?

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