Nigeria: Economic Statistics and News Brief (July 09 – 13, 2018)
By AfriHeritage /
July 18, 2018
FSDH Merchant Bank has projected that the federal government will borrow up to N2 trillion to finance its budget in 2018, describing the nation’s debt service-to-revenue ratio, which rose to 79 per cent in first quarter 2018, Q1’18, as very high and unsustainable.
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