Although Nigeria has held talks with the World Bank over a possible
loan or credit facility in recent months, Indrawati did not address this
when speaking to reporters after the meeting.
Nigerian
President Muhammadu Buhari speaks during a news conference after
meeting with Turkish President Tayyip Erdogan in Abuja, Nigeria March 2,
2016
The World Bank held talks with the Nigerian president on Wednesday on how it could help Nigeria overcome an economic crisis caused mainly by a sharp fall in crude prices eating into its oil revenues.
On
her second day of meetings with Nigerian officials, World Bank Managing
Director and Chief Operating Officer Sri Mulyani Indrawati met
President Muhammadu Buhari, who plans to stimulate the flagging economy with a record 6 trillion naira ($31 billion) budget.
Nigeria
will have to borrow 1.8 trillion naira from abroad and at home to help
fund the budget, which has been delayed by several months and wrangling
with parliament, if it goes ahead.
Although
Nigeria has held talks with the World Bank over a possible loan or
credit facility in recent months, Indrawati did not address this when
speaking to reporters after the meeting.
"We
would like to know how we can help Nigeria to make the very important
decisions, whether on micro economic policy and other sectoral policy,
that will make this economy move forward to become a strong middle
income country," she said.
Indrawati, who met Finance Minister Kemi Adeosun
on Tuesday, said she and Buhari discussed the government's "commendable
goals to improve tax collection and crackdown on corruption.
Nigeria's economy, the largest in Africa, grew by 2.8 percent last year, its slowest pace since 1999.
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