FG Propose Emergency Plans for Economic Stability
By Patience Ikpeme
The Emergency Taskforce of the Economic Management Team (EET), has come up with an action plan to help restore economic stability.
These plans will enhance stability, growth, and restore confidence in the national economy.
In line with its mandate, the EET has pinpointed five crucial sectors – agriculture, energy, business support, health and social welfare, and macro-fiscal alignment and put forward essential interventions to achieve this goal.
The presentation of the proposed emergency package ‘Accelerate Stabilisation and Actualisation Plan’ to the President Bola Ahmed Tinubu was made by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun.
In his presentation, Edun noted that the aim of these plans are to alleviate the negative impact of price increase in line with the Renewed Hope priorities.
Edun further stated that the emergency package was also presented to the president “to provide an accelerated response originated from the EET committees”.
He gave the assurance that all stakeholders involved will play their part to stem inflation, support employment,promote non oil exports to accelerate the impact of the stabilisation plan.
