Finance minister defends Nigeria's rising debts - Premium Times Nigeria

Mrs Ahmed said this in an interview with the News Agency of Nigeria on the side-line of the just concluded IMF/World Bank meetings, which took place in Washington DC from April 9 to 14.Euro bonds, loans from World Bank Group, China and Africa Development Bank Group make up over 80 per cent of the country’s debt stock.Mrs Ahmed insisted that in spite of warnings by the IMF and World Bank, the country was not in any way near a debt crisis.

“What we are doing is to increase our revenue-generating capacity to make it easier for us to meet our debt obligations and our routine as well as capital expenditure,’’ she said. The correspondent also raised concerns about whether the conditions for the loans were favourable to the overall interest of Nigeria.

Defend anything

Smiling.....

Ineffectual Finance minister, convinced prayer can deliver Nigerian economy, Buhari's men And women so indolent & vain towards the citizens daily suffering.

Till we are choked right? Instead of seek way to pay themand stop taking loan you're busy defending debts. Shame

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

El-Rufai appoints new finance commissioner, accountant-general for Kaduna - Premium Times NigeriaA reshuffle has been announced in the management of the Kaduna State Ministry of Finance. The ministry has not had a substantive commissioner since the resignation of Suleiman Abdu Kwari became effective on January 7, 2019.
출처: PremiumTimesng - 🏆 3. / 78 더 많은 것을 읽으십시오 »