Promising Economic Signs

If the newest Ministry of Finance's statement is anything to go by, not only is the economy on track, but it is also showing signs of improvements in the last three months after the formation of the present government. At the same time, the ministry has also acknowledged that the economy is not without challenges. Over that period, a high-level economic reform advisory commission was formed to make suggestions for the improvement of the country's economy, implementation of the internal revenue mobilisation strategy, completion of the preparations for the country's credit rating and the submission of the Bill to the Federal parliament. The confidence of the private sector has been boosted, and capital expenditure and revenue collection have increased compared to the same period last year.