Thirdly, there is a need to meet the West African Monetary Zone (WAMZ) convergence criterion, limiting central bank financing of government to 10 per cent of estimated current revenue. Fourthly, the enactment of the Fiscal Responsibility Act should be rigorously pursued.
Your Excellency, distinguished ladies and gentlemen, there is no doubt in my mind that the issue of fiscal policy management is very critical to the successful implementation of our economic programmes.