As the global economy continues to evolve, Commonwealth nations are strengthening cooperation to harness their collective potential and unlock new opportunities for growth, trade, and sustainable development.
Against the backdrop of the World Bank and IMF Annual Meetings in Washington D.C., Nigeria’s Minister of State for Finance, Dr. Doris Uzoka-Anite, joined her counterparts from across the Commonwealth in a unified effort to enhance economic resilience, boost infrastructure investment, and advance inclusive prosperity across member nations.
The high-level meeting, convened on the sidelines of the Annual Meetings, brought together Finance Ministers from Commonwealth member states to deliberate on strategic measures for expanding intra-Commonwealth trade and improving access to development finance.
According to the Commonwealth Secretariat, intra-Commonwealth trade is, on average, 21% more cost-efficient than global trade and is projected to reach US$2 trillion by 2030. In this context, Dr. Uzoka-Anite joined her peers in advocating for increased funding and targeted interventions to accelerate the Commonwealth’s development agenda — with a focus on lifting millions out of poverty and driving sustainable economic transformation.
Through collective action, innovation, and shared commitment, Commonwealth nations reaffirmed their determination to build a brighter, more resilient economic future, delivering growth, prosperity, and improved livelihoods for millions across the member states.
