Nigeria: IMF – Nigeria’s Debt Level Sustainable, but Paying 50 Percent of Tax Revenue On Interest Concerning

[This Day] International Monetary Fund (IMF) yesterday stated that although Nigeria's debt remained sustainable and the country faced no high risk of distress, the federal government's growing debt service burden was a major concern, with about half of its tax revenues being used to pay interest on borrowings.

Original URL: Click here to visit original article