At the 2025 IMF/World Bank Spring Meetings in Washington D.C., the International Monetary Fund (IMF) issued a strong advisory to the Nigerian Federal Government, emphasizing the importance of judicious and efficient spending during this period of heightened fiscal outlays.
Davide Furceri, Division Chief in the Fiscal Affairs Department, underscored the need for stronger prioritisation and resource efficiency to ensure sustainable economic impact.
Echoing this sentiment, Vitor Gaspar, Director of the Fiscal Affairs Department, highlighted the urgency for fiscal authorities to build financial buffers capable of absorbing economic shocks. He stressed that governments, including Nigeria's, must manage complex fiscal trade-offs while safeguarding long-term economic credibility.