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Growing Fiscal Burden Can Cause Debt Crisis – Oyedele – OSIWA

Growing Fiscal Burden Can Cause Debt Crisis – Oyedele – OSIWA
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Taiwo Oyedele , Nigerian Economic Summit Group , Debt Management Roundtable , West African , Full Article , நைஜீரியன் பொருளாதார உச்சிமாநாடு குழு , கடன் மேலாண்மை வட்ட மேசை , முழு கட்டுரை ,

'Governance, transparency challenges affect debt management in W/Africa' | The Guardian Nigeria News - Nigeria and World NewsBusiness — The Guardian Nigeria News – Nigeria and World News


Taiwo Oyedele
Poor governance, lack of transparency and use of improper strategies have been identified as some of the challenges affecting debt management practice in West Africa.
Chairman of the Nigerian Economic Summit Group (NESG) and the Open Society Initiative for West Africa (OSIWA) Debt Management Roundtable, Taiwo Oyedele, said this during the launch of the Debt Management Roundtable to help Nigeria and West African countries provide a pathway to fiscal sustainability.
He said the debt burden was not about the present but the future generation, stressing that debt was not necessarily bad if properly managed.
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While calling for collaboration with the private sector through social financing and public-private partnership (PPP), he said the roundtable would develop analytics that formed the basis, fiscal consideration and sustainability, comparative analysis and also help to champion advocacy. ....

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