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Lagarde Discusses Low Oil Price, Need For Fiscal Discipline With Buhari

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Jan 5th 2016, 11:57

lagardeThe Managing Director of the International Monetary Fund (IMF), Christine Lagarde has said that there has been a massive democratic change in Nigeria compared to her last visit.

She made this known on Tuesday while briefing the press after a meeting with President Muhammadu Buhari at the Presidential Villa, Abuja.

The IMF boss says she discussed oil price reduction, the need to apply fiscal discipline, as well as address Nigeria's population needs with President Muhammadu Buhari

Christine Lagarde arrived Nigeria on Monday for a four-day official visit during which she will meet President Muhammadu Buhari.

The meeting is expected to help strengthen the IMF's partnership with the largest economy in Africa and to discuss how to address Nigeria's economic challenges and the impact of low oil prices.

According to a statement by the IMF, "Mrs Lagarde believes that Nigeria is working hard to improve its business environment, promote opportunities for growth in the private sector and strengthen social cohesion and all areas where government has an important role to play."

The post Lagarde Discusses Low Oil Price, Need For Fiscal Discipline With Buhari appeared first on Channels Television.

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