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Iyabo Masha, who holds a PhD in Economics from American University in Washington, is a member of the eight-member Nigerian Presidential Economic Advisory Council (PEAC). She is a global economist with experience working in central banking, national economic management, and international development, with a strong focus on macroeconomic policies that support sustainable growth and development. She has held top positions with the International Monetary Fund (IMF), the World Bank and the Central Bank of Nigeria.
In this
January 4 interview, with Nigerian broadcaster, Television Continental, Ms Masha reviewed the troubled Nigerian economy and the outlook for the year 2021. She recommended measures that could be taken to stabilise and grow Africa’s biggest economy.
Addis Ababa, December 09, 2020 - Governments have been urged to intensify efforts to build resilience in businesses and people as they shift to a new normal that includes safe co-existence with COVID-19. Specifically, measures are needed to protect jobs, incomes and livelihoods as well as expanding social protection to mitigate the impact of the pandemic as countries reopen and revive their economies. Policymakers also have to be aware that some pre-existing inequalities make certain population groups, including workers in the informal sector, less able to cope with the impacts of the pandemic.
This was the main message from panellists who gathered virtually on the second day of the 2020 African Economic Conference.