Minister of Budget and National Planning says the Federal government is
not seeking to request for any loan from the International Monetary Fund
IMF. Read the statement from the media aide of the Minister of Budget
and National Planning, Udoma Udo Udoma, Akpandem James, below...
The Ministry of Budget and National Planning has explained that the
Federal Government is not looking to source any loan from the
International Monetary Fund (IMF), as reported by a national newspaper
today.
While briefing a French delegation that visited him in Abuja on
Thursday, on what the Federal Government was doing to drive revenue for
its activities, the Minister, Senator Udoma Udo Udoma, explained
generally that government was exploring both internal and external
sources, but emphasized that in the case of external sources, government
would only be looking at institutions that can give concessionary
terms.
Throughout the statement issued by the Ministry on the visit, which was
not covered by any media organization, no mention was made of any
specific loan from any institution.
The Federal Government does not have need to go to the IMF for any loan
at this time.
Signed
Akpandem James
Media Adviser to the Hon. Minister
Post a Comment