The Federal Government has called on the international community to rebalance global financial systems to better capture the economic realities and development needs of countries like Nigeria and other emerging economies.
Speaking at the 4th International Conference on Financing for Development (FFD4) in Sevilla, Spain, the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, appealed for reforms aimed at boosting economic growth, strengthening fiscal policy, and advancing sustainable development across developing nations.
Edun noted that developing countries continue to contend with structural limitations that restrict their capacity to generate sufficient revenue and invest meaningfully in critical sectors. According to him, there is an urgent need for global financial institutions and frameworks to reflect the shifting economic dynamics of the 21st century.
