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Topic: FG to pay IMF $3.51bn in five years as debt service  (Read 708 times)

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FG to pay IMF $3.51bn in five years as debt service
« on: March 06, 2022, 07:03:31 PM »
FG to pay IMF $3.51bn in five years as debt service

The Federal Government of Nigeria is expected to pay the International Monetary Fund a total of $3.51bn between 2022 and 2026 to offset a $3.4bn loan. This is according to information obtained from a webpage on the IMF’s website, titled ‘Nigeria: Financial Position in the Fund as of January 31, 2022.’ In April 2020, the…


 
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