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Topic: Debt servicing to hit N10.43tn, economists slam FG  (Read 1389 times)

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Debt servicing to hit N10.43tn, economists slam FG
« on: August 08, 2022, 01:02:07 PM »
Debt servicing to hit N10.43tn, economists slam FG

The Federal Government has projected that debt servicing will cost N10.43tn by 2025, according to the 2023-2035 Medium Term Expenditure Framework & Fiscal Strategy Paper. This is a 182.66 per cent increase from the N3.69tn budgeted for debt service in 2022. Multilateral agencies and economists have constantly warned the Federal Government about the rising cost


 
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