James Cleverly, foreign secretary of the United Kingdom, says the British government has plans to improve multilateral trade reforms to sustain growth in African countries, including Nigeria.
The foreign secretary who spoke extensively about sound macroeconomic reforms at the national level, saidCleverly also said President Bola Tinubu’s economic reforms such as the removal of fuel subsidy and the unifying of exchange rates will encourage investment and help drive growth.“It is imperative that the international financial institutions accommodate shared aspirations for a bigger, more responsive and fairer system,” he said.
“We will continue to champion further multilateral reforms that will benefit Africa. For example, the better and faster implementation of international tax rules will stop revenues from leaking from your national treasury.” “Growth will bring rewards, better jobs as well as the revenues needed to have the infrastructure and modern services for all Nigerians.”
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