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Nairaland Forum / Nairaland / General / Politics / Tinubunomics: Can A Government Be Saving And Borrowing At The Same Time? (221 Views)
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Tinubunomics: Can A Government Be Saving And Borrowing At The Same Time? by iSense247: 10:44am On Aug 19, 2023 |
Economists in the house, can a government be saving and borrowing at the same time? I don't understand |
Re: Tinubunomics: Can A Government Be Saving And Borrowing At The Same Time? by drake2(m): 11:05am On Aug 19, 2023 |
Lol. Me neither! |
Re: Tinubunomics: Can A Government Be Saving And Borrowing At The Same Time? by helinues: 11:11am On Aug 19, 2023 |
Na when dem borrow? |
Re: Tinubunomics: Can A Government Be Saving And Borrowing At The Same Time? by Tntsi: 11:12am On Aug 19, 2023 |
Just hold on. They will soon steal all that loan borrowed and you will see the dollar fly up . |
Re: Tinubunomics: Can A Government Be Saving And Borrowing At The Same Time? by iSense247: 11:19am On Aug 19, 2023 |
helinues:July 14, 2023 Uproar as Senate okays fresh $800m World Bank borrowing https://www.google.com/amp/s/www.vanguardngr.com/2023/07/uproar-as-senate-okays-fresh-800m-world-bank-borrowing/amp/ |
Re: Tinubunomics: Can A Government Be Saving And Borrowing At The Same Time? by Nobody: 11:20am On Aug 19, 2023 |
helinues: So you don't even know anything about what you're supporting 2 Likes |
Re: Tinubunomics: Can A Government Be Saving And Borrowing At The Same Time? by helinues: 11:24am On Aug 19, 2023 |
iSense247: Reinaldo: Validated: Hahahaaaaaa, Buhari requested for the $800m loan to cushion the effects of fuel subsidy removal before it was suspended for the incoming government. All of una sleep and face the same direction, not even security cautious 2 Likes |
Re: Tinubunomics: Can A Government Be Saving And Borrowing At The Same Time? by Validated: 11:26am On Aug 19, 2023 |
2 Likes |
Re: Tinubunomics: Can A Government Be Saving And Borrowing At The Same Time? by Newton2024: 11:36am On Aug 19, 2023 |
Validated:helinues is something else. They boy can deny his mother because of his stomach. |
Re: Tinubunomics: Can A Government Be Saving And Borrowing At The Same Time? by RenaissanceGuy: 11:43am On Aug 19, 2023 |
iSense247:It was Buhari that initiated the borrowing before leaving office: https://www.premiumtimesng.com/business/business-news/597819-buhari-writes-senate-seeks-approval-for-800m-loan-from-world-bank.html 2 Likes |
Re: Tinubunomics: Can A Government Be Saving And Borrowing At The Same Time? by BoldBrainz(m): 11:49am On Aug 19, 2023 |
helinues: Buhari applied for it but the request was stood down by the 9th senate. Tinubu reapplied to the 10th senate and it was approved. So it has nothing to do with Buhari. Stop being an idiot of elephantine proportion! 1 Like |
Re: Tinubunomics: Can A Government Be Saving And Borrowing At The Same Time? by OlujobaSamuel: 11:54am On Aug 19, 2023 |
iSense247:Yes, it's possible. Savings can either be excess/cash savings or cost savings. The subsidy (I believe that's why the question was asked) savings is cost savings, they reduced or removed responsibility for such activity. |
Re: Tinubunomics: Can A Government Be Saving And Borrowing At The Same Time? by OlujobaSamuel: 11:55am On Aug 19, 2023 |
helinues:You have probably not being reading the news. NNPC is currently having a loan request with Afriexim Bank 1 Like |
Re: Tinubunomics: Can A Government Be Saving And Borrowing At The Same Time? by a4cube: 11:57am On Aug 19, 2023 |
BoldBrainz:Don't mind the mumuu. Since tinubu saved 1 trillion in June he should have cancelled the 800m dollars buhari signed for bit not collected. 1 Like |
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