The Federal Government has said it will strengthen fiscal reporting, budget transparency, and data integrity following recommendations by the International Monetary Fund, as it welcomed the Fund’s largely positive assessment of Nigeria’s economic reforms.
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, disclosed this in a statement issued on Tuesday after the release of the IMF’s 2026 Article IV Mission Concluding Statement on Nigeria.
According to the minister, the government had already begun implementing measures to improve fiscal data quality, strengthen coordination among government institutions, and enhance transparency in budget implementation.
He said, “We note the IMF’s recommendations regarding fiscal reporting, budget transparency, and data reconciliation. The government is already taking steps to strengthen fiscal data integrity, improve coordination among relevant institutions, enhance transparency in budget execution, and deepen public financial management reforms.”
Oyedele added that efforts were ongoing to improve fiscal reporting systems and ensure
This post was originally published on this site.
