Investor Presentaiton
Fiscal Policy Response to COVID-19
Nigeria has swiftly introduced fiscal measures to protect people, jobs and the economy.
Key Fiscal Measures
Establishment of a N500 billion COVID-19 Crisis Intervention Fund to be utilised on:
o Upgrade of healthcare facilities;
。 Finance interventions to improve healthcare facilities;
。 Finance the creation of a Special Public Works Programme to employ 774,000 Nigerians
Enhanced financial support to the States for critical healthcare expenditure
o Requested access for NCDC to draw on remaining US$82 million World Bank Regional Disease Surveillance Systems (REDISSE)
facility. US$8 million already drawn
o Requested for additional financing of US$100 million from REDISSE to meet COVID-19 emergency needs in all the 36 States and the
FCT, through the NCDC and Federal Ministry of Health
。 Ministry of Finance, Budget and National Planning is engaging with the CBN on a Principal and Interest Moratorium for States
on Federal Government and CBN-funded loans
Federal Ministry of
Finance, Budget and
National Planning
Source: Ministry of Finance, Budget and National Planning
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