[New post] Debt servicing may take all of Nigeria’s revenue by 2026, IMF warns

Oladeinde Olawoyin posted: "The Nigerian government may spend nearly 100 per cent of its revenue on debt servicing by 2026, the International Monetary Fund (IMF) has warned. The Bretton Wood institution raised concerns over Nigeria's fiscal conditions, adding the nation spends 89" Premium Times Nigeria Debt servicing may take all of Nigeria's revenue by 2026, IMF warns Oladeinde Olawoyin Jun 1 The IMF says it is a reflection of the low revenue of the country, adding that it needs to mobilise more revenue to be able to have macroeconomic stability. Read more of this post Comment Unsubscribe to no longer receive posts from Premium Times Nigeria. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.premiumtimesng.com/business/business-news/534010-debt-servicing-may-take-all-of-nigerias-revenue-by-2026-imf-warns.html Powered by Jetpack