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IMF says ERGP will boost economy


IMF Chief Christine Lagarde (AFP Photo/Cristobal Bouroncle)<br />

The Federal Government has been advised to fast track implementation of the Economic Recovery and Growth Plan (ERGP) to achieve a higher economic growth.

The Senior Representative and Mission Chief for Nigeria, International Monetary Fund (IMF), Amine Mati said this in Abuja at the International Conference of Social Sciences organised by NILE University, while urging the FG to form plans to achieve a higher growth compared to the 0.8 percent observed in 2017.

He said: “For Nigeria to grow, the government must start the implementation of its ERGP. There are several priorities, such as, increasing revenue growth from five to 15 per cent, having unified exchange rate, addressing the structural gap and strengthening the anti-corruption effort with financial inclusion.”

Also speaking, Debra Carnahan, a retired judge in the United States, said for the country to grow, there is need for independent judges, who can do their jobs without interference from the Executive.

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