₦airaland Forum

Steps Needed to be Taken by Governments to Stop Recession

Government of a country is the key player to stop recession and to divert the economy to the path of growth. The prime actions of a government on fighting against recession should be focused on increasing money circulation, containing inflation, boosting per capita disposable income, reducing per capita debt level, balancing interest rates, ensuring an atmosphere conducive to business activities and any other supporting measures for these causes.

1.Contain Inflation
2.Encourage Imports of High-Priced Commodities
3.Discourage Borrowings if Inflation is Ruling High
4.Encourage Savings
5.Cut Taxes
6.Reduce Government Expenditure and Focus on Infrastructure Development
7.Encourage Exports
8.Reduce Interest Rates
9.Encourage Foreign Direct Investments
10,Ensure Peaceful Atmosphere Conducive to Businesses
11.No Bailout Plans for Any Companies Except Banks and Insurance Companies

finally am open to further advise plan on how safe to implement all this polices if the Federal government will not feel too big to contact a nobody like me lol

i have a detailed article Mr president

the only solution is to apply the great Igbo spirit like a gold

anything aside you are just reasoning a typical black man; salvage at that

however i have to tell you that it too late now

dnt ask me why

IPOB123london:
the only solution is to apply the great Igbo spirit like a gold

anything aside you are just reasoning a typical black man; salvage at that

however i have to tell you that it too late now

dnt ask me why

i think we can still salvage what is left of Nigeria only if we the youth stand up and not by hate speech or violence

dnt know what u mean by stand up

what do you think IPOB is doing; sitting down

and dnt tell me u wasted your money to look for american visa

by the way there is nothing to salvage in that kwotry bro