The Federal Government has outlined fiscal strategies to reposition the country’s economy in the 2017 fiscal period and return it to the path of sustainable growth.
The fiscal roadmap which is a ten-point action plan was unveiled by the Minister of Finance, Mrs Kemi Adeosun, while speaking at the annual dinner of the Lagos Business School.
Adeosun who represented the Vice President, Yemi Osinbajo, at the event, stated that the fiscal policies and actions to be adopted by the government to tackle the key barriers to growth would drive productivity and generate employment for the people.
A statement from her Media Adviser on Saturday stated that the minister said the plan would help improve cash flow of businesses, improve bank’s Non-Performing Loans, free up banks’ balance sheet for lending to private sector and improve government’s business interaction with the private sector.
The strategies according to her would also encourage non-oil exports and drive import substitution as well as investment in strategic sectors