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Nairaland Forum / Nairaland / General / Business / Nigeria Should Reduce Domestic Borrowing - Dr. Okonjo-Iweala (749 Views)
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Nigeria Should Reduce Domestic Borrowing - Dr. Okonjo-Iweala by webprince(m): 12:05pm On Aug 25, 2011 |
Nigeria Is In Good Shape With $39.7b Debt Profile - Okonjo-iweala With a debt profile of $39.7 billion the, Co-ordinating Minister of the Economy and Minister of Finance Dr .Ngozi Okonjo-Iweala on Tuesday says Nigeria debt is in very good shape. The minister in her maiden address to journalists in Abuja said Nigeria’s debt now stand at N5.2 trillion for domestic debt and $5.3 billion external debt. She said, “Nigeria has $39.7 billion total debt stock which is 20 per cent of Gross Domestic Product, the country is still in very good shape in terms of GDP, but we should start worrying when national debt hits 60 per cent of GDP. http://www.thenationonlineng.net/2011/index.php/news-update/17112-nigeria-is-in-good-shape-with-39-7b-debt-profile-says-okonjo-iweala.html |
Re: Nigeria Should Reduce Domestic Borrowing - Dr. Okonjo-Iweala by webprince(m): 5:33pm On Aug 25, 2011 |
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Re: Nigeria Should Reduce Domestic Borrowing - Dr. Okonjo-Iweala by webprince(m): 2:52pm On Aug 26, 2011 |
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