Nigeria’s Debt-to-GDP Ratio Surpasses 50% for the First Time

Nigeria’s debt-to-GDP ratio has crossed the 50% threshold for the first time, underscoring the country’s escalating fiscal challenges, amidst growing concern about the government’s extravagant spending. The Debt Management Office (DMO) recently published the latest public debt figures, revealing a public debt portfolio of N121 trillion. This comprises a domestic debt of N65.6 trillion and […] The post Nigeria’s Debt-to-GDP Ratio Surpasses 50% for the First Time appeared first on Tekedia.

  Business   Jul 1, 2024   0   27  Add to Reading List
Nigeria’s Debt-to-GDP Ratio Surpasses 50% for the First Time

INCREASE YOUR SALES WITH NGN1,000 TODAY!

Advertise on doacWeb

WhatsApp: 09031633831

To reach more people from NGN1,000 now!

INCREASE YOUR SALES WITH NGN1,000 TODAY!

Advertise on doacWeb

WhatsApp: 09031633831

To reach more people from NGN1,000 now!

INCREASE YOUR SALES WITH NGN1,000 TODAY!

Advertise on doacWeb

WhatsApp: 09031633831

To reach more people from NGN1,000 now!

Nigeria’s debt-to-GDP ratio has crossed the 50% threshold for the first time, underscoring the country’s escalating fiscal challenges, amidst growing concern about the government’s extravagant spending. The Debt Management Office (DMO) recently published the latest public debt figures, revealing a public debt portfolio of N121 trillion. This comprises a domestic debt of N65.6 trillion and […]

The post Nigeria’s Debt-to-GDP Ratio Surpasses 50% for the First Time appeared first on Tekedia.

Read Original   

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow