$2.5bn Won’t Increase Nigeria’s Public Debt Stock – DMO

$2.5bn Won’t Increase Nigeria’s Public Debt Stock – DMO

The Debt Management Office (DMO) has said the approved external borrowing of another $2.5 billion through Euro-bond to refinancing the domestic debts will not increase the nation’s debt stock. The DMO made the statement to allay fears in some quarters that the external borrowing will further pile up the existing debt profile of the country. […]
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