The projected net borrowings in the federal government’s 2016 budget proposals will increase the government’s debt stock by a further 1.8 per cent, taking Nigeria’s total debt to 12.8 of gross domestic products (GDP), THISDAY checks have revealed. The latest report from the Debt Management Office (DMO) showed that the federal government’s domestic debt at […]
Budget: FG’s planned borrowings to increase debt stock to 12.8% of GDP
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