The World Bank on Thursday passed a vote of confidence on the economic reforms by President Bola Tinubu’s administration saying they are beginning to show results.
Alex Sienart, the bank’s Chief Economist in Nigeria stated this during his presentation at the launch of the recent edition of Nigeria Development Update (NDU) titled, “Staying the course; Progress amid pressing Challenges”
Sienaert said Nigeria’s fiscal deficit has reduced from 6.2 percent in the first half of last year to 4.4 percent in the first half of this year.
