Nigeria’s Debt-to-GDP Ratio Will Rise to 33.1% – IMF

By Sofiat Adenekan-Abdul The International Monetary Fund has projected that Nigeria’s debt-to-GDP ratio will rise to 33.1 per cent by 2027, reflecting growing fiscal pressures and increased borrowing. The forecast, contained in the Fund’s latest Fiscal Monitor Report releases in Washington DC during the IMF-World Bank Spring Meetings, shows a gradual increase from 32.3 per […]

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