News Formal

Nigeria to borrow N5.62 trillion to finance deficits in 2022 budget

  • 📰 Daily Trust
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Nigeria will have to borrow N5.62 trillion to finance deficits in the 2022 budget.

That revelation came from the highlights of 2022-2024 Medium Term Expenditure Framework , and Fiscal Strategy Paper presented by the Minister of Finance, Budget and National Planning, Zainab Ahmed.The federal government will also reduce the capital expenditure allocation of Ministries Departments and Agencies in the budget by N259.31 billion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Meanwhile. There is a link on my bio that teaches Crypto currency for free. It makes you understand Crypto better. And breaks everything bits by bits for your own quick understanding. If the link isn't going through. Let me know.

Nigeria is towing the wrong part of generational debt

Hasbunallahu Wa Ni'imal Wakil

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

2021 budget: Finance Minister updates Reps on revenue, implementationThe Minister of Finance, Mrs Zainab Ahmed, has appeared before the House of Representatives Committee on Finance to give an overview of the 2021 fiscal
Source: DailyPostNGR - 🏆 11. / 59 Read more »