The Federal Government has announced plans to introduce a comprehensive set of economic policies beginning in 2026, with a major focus on cashless payments, tax reform, and improved revenue administration. The initiative is part of a long-term strategy aimed at strengthening fiscal stability, modernizing public financial systems, and encouraging digital transformation across key sectors.
According to government officials, the transition to a fully cashless payment structure will support transparency, curb leakages, and enhance efficiency in public transactions. The policy will also promote wider adoption of digital payment platforms, ensuring that both citizens and businesses benefit from faster and more secure financial processes.
In addition to the cashless policy, the Federal Government is preparing to roll out tax reforms designed to simplify compliance, broaden the tax base, and reduce administrative bottlenecks. These reforms are expected to boost internally generated revenue while making the tax system more equitable for individuals and corporate entities.
Other measures scheduled for implementation in 2026 include updates to regulatory frameworks, expansion of digital infrastructure, and the introduction of incentives to encourage private-sector participation. The government believes these policies will contribute to long-term economic growth, enhance accountability, and position the country for a more competitive global economy.
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As preparations advance, stakeholders from the public and private sectors are expected to engage in consultations to ensure smooth implementation and widespread acceptance of the upcoming reforms.