Page 13 - சர்வதேச மூலதனம் சந்தை சங்கம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Last week was a scary one for millions of Nigerians who have been impoverished by the government’s rising appetite for easy money, including debt, and missteps of statecraft. Scary, not because the government has secured a fresh loan or about to so, but that its officials reminded the people of their aloofness to the real cost of the rising indebtedness and its correlation with other socio-economic variables. x First, in a self-contradictory intervention at the African Development Bank (AfDB) 2021 yearly meetings, the Minister of Finance, Budget and National Planning, Zainab Ahmed, said the debt level was “very healthy and sustainable” but admitted that “we are struggling with revenues, which is what we need to pay our debts.”

South africaBruxelles capitaleMinistry of financeAl qahirahEjeviome otoboZainab ahmedAhmad lawanInternational monetary fundInternational capital market associationInstitute of international financeNational planningWorld bankDebt management officeNigerian autonomous foreign exchangeNational institution forAfrican development bank af