15 Nations Most Indebted To IMF - Politics (5)

15 Nations Most Indebted To IMF - Politics (5) - Nairaland

Nairaland Forum › Nairaland General › Politics › 15 Nations Most Indebted To IMF (31214 Views)

Re: 15 Nations Most Indebted To IMF by Thomthom(m): 10:51pm On Apr 03, 2025

So Pakistan and Backladesh dey borrow from Western Bank. Nawaoo

Re: 15 Nations Most Indebted To IMF by abysirius(m): 10:57pm On Apr 03, 2025

Some of you will be acting as if you are mentally derailed or deranged. How does your comment match this post? Awon alarun opolo angry

Dreal1247:
APC is a cancer sent to destroy Nigeria, but it will end up destroying itself and the wicked sympathizers. There is no peace for the wicked. And the wicked shall never go unpunished.

1 Like

Re: 15 Nations Most Indebted To IMF by Ofemannnu: 10:59pm On Apr 03, 2025

frankson1:
This is what you understood from the post

You chose to make irrelevant comment than make a positive comment on the subject matter since you're allergic to good news

I meant USA too is owing China but through promissory notes and bonds.
USA is the biggest debtor in the world.

Re: 15 Nations Most Indebted To IMF by RichBoy247: 11:11pm On Apr 03, 2025

mrvitalis:
One thing I have always said is if I ever decide to be governor or president Economics would be made compulsory in all schools from SS1 to university 200 level...

Volume of debt or size of debt is not an issue
Ability to repay is the issue

Someone can owe 2 million and be worse than someone who owe 10 billion

In nigeria the issue we talk about is our revenue to debt servicing is too high..

We need to increase revenue, sadly the only way to do that is to borrow more but use it for what would generate revenue or ability to pay back the loan

So borrowing and using it to build road, bridge, rails, and the reat feel good projects is foolishness... Very big foolishness

And that's what APC have been doing since

But borrowing to share among Goatluck Jonathan appointees is not foolish. You need psychiatric help

2 Likes

Re: 15 Nations Most Indebted To IMF by anonimi: 11:14pm On Apr 03, 2025

123yes:
I did not see Nigeria on the list. Thanks to baba Tinubu.

Don’t forget to add world bank and other debts before you start thanking the wrong person for the wrong reason.

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Re: 15 Nations Most Indebted To IMF by PlushyRealtor: 11:21pm On Apr 03, 2025

mrvitalis:
One thing I have always said is if I ever decide to be governor or president Economics would be made compulsory in all schools from SS1 to university 200 level...

Volume of debt or size of debt is not an issue
Ability to repay is the issue

Someone can owe 2 million and be worse than someone who owe 10 billion

In nigeria the issue we talk about is our revenue to debt servicing is too high..

We need to increase revenue, sadly the only way to do that is to borrow more but use it for what would generate revenue or ability to pay back the loan

So borrowing and using it to build road, bridge, rails, and the reat feel good projects is foolishness... Very big foolishness

And that's what APC have been doing since

Thank you for educating me on this bro. I just learnt something good to be honest

Re: 15 Nations Most Indebted To IMF by LegendHero(m): 11:24pm On Apr 03, 2025

mrvitalis:
Are there no existing infrastructure? Is there any village that imported goods don't get to?

Which infrastructure does the importers use?

No body is talking about investing in anything

It's about investment in your best brains in areas you have cooperative advantage

Lol then you’ll probably pour your money inside a black hole.

First we lack storage system for our agricultural produce. Why do we lack storage, because of low power supply and high cost of energy alternative. You need to build large scale storage cold room system first to even preserve your output to sell to market. Security is also a very huge factor in Nigeria today because if you’re trying to silo your farming to multiple regions and get more people into it, yawa fit gas.

One important thing you haven’t told us is that @96% debt servicing and crude sold into the future; if you get someone to borrow you $20bn and spend it on nothing beside infrastructure/energy/and etc, how exactly will other segment of the economy respond when your loan ground the other side and the germination period is over 3 years for your $20bn to even start reaping benefit?

2 Likes

Re: 15 Nations Most Indebted To IMF by commoditiesnig(m): 11:26pm On Apr 03, 2025

123yes:
I did not see Nigeria on the list. Thanks to baba Tinubu.

Glad to know Nigeria isn’t on the list. Good optics for the country

1 Like

Re: 15 Nations Most Indebted To IMF by commoditiesnig(m): 11:28pm On Apr 03, 2025

Kewtt:
Nigeria should buy Argentina

Lol

Re: 15 Nations Most Indebted To IMF by commoditiesnig(m): 11:34pm On Apr 03, 2025

Dittodat:
This one posted this trash and some so called brainwashed olodo upvoted this utter trash.
Just goes to show how dumb some.of the so.called "graduates " are in Nigeria.

You borrow money for capital projects like roads, bridges and the likes. When these projects are being executed, don't they create job opportunities? They have to hire engineers, builders, project managers etc.
When these capital peojects are done, they creat business friendly environments that will attract private businesses to come and establish in these areas. This will lead to greater revenue for the.govt in the long run.
Thr govt should not be establishing businesses to make money, that never work.
Go back to business school and stop posting rubbish that have no basis in real world economics.

Lol.. good response, don’t mind that unfortunate night schooled “economist” fellow just capping utter rubbish!

2 Likes 1 Share

Re: 15 Nations Most Indebted To IMF by Misterone: 11:37pm On Apr 03, 2025

mrvitalis:
One thing I have always said is if I ever decide to be governor or president Economics would be made compulsory in all schools from SS1 to university 200 level...

Volume of debt or size of debt is not an issue
Ability to repay is the issue

Someone can owe 2 million and be worse than someone who owe 10 billion

In nigeria the issue we talk about is our revenue to debt servicing is too high..

We need to increase revenue, sadly the only way to do that is to borrow more but use it for what would generate revenue or ability to pay back the loan

So borrowing and using it to build road, bridge, rails, and the reat feel good projects is foolishness... Very big foolishness

And that's what APC have been doing since

Oga, you know nothing about economics. The first rule of governance is that : Government have no business in business. Government is all about welfare. Business is all about profit.
Now, how do you tax your citizen, use the money to create a business then request for profit as a means of revenue generation? That is criminality.
Building or construction of roads and bridges is a means of generating revenue. First, the workers pay tax. Second, roads bring about development. An access road to a land increases the price of the land, it also enhance ease of doing business in the area. This encourages business and the businessman will pay tax. Revenue is created.

3 Likes 1 Share

Re: 15 Nations Most Indebted To IMF by bigcasava1(m): 11:37pm On Apr 03, 2025

Slytiger:
Source: IMF

so long as Nigeria is not there na rubbish

Re: 15 Nations Most Indebted To IMF by adonainana: 11:43pm On Apr 03, 2025

mrvitalis:
which economic text told you that please quote it please

U don't need infrastructure to grow and economy obi has been telling you guys since 2019

Since 2015 Nigeria have been building infrastructure yet economy keeps dumping yet majority of Nigerians believe u need to build infrastructure to grow economy is this not madness?

So you don’t need infrastructure to grow the economy instead you just watch it and do nothing to facilitate trade Roads

Hope you went to school at all

Also there is a big difference between exchange currency rates and the growth of an economy

Year in year out Nigeria economy expands and grows it’s the number 1 in Africa for this

This is completely different from how much Naira is changing for dollars

Two completely different things

3 Likes

Re: 15 Nations Most Indebted To IMF by plaetton: 11:45pm On Apr 03, 2025

mrvitalis:
One thing I have always said is if I ever decide to be governor or president Economics would be made compulsory in all schools from SS1 to university 200 level...

Volume of debt or size of debt is not an issue
Ability to repay is the issue

Someone can owe 2 million and be worse than someone who owe 10 billion

In nigeria the issue we talk about is our revenue to debt servicing is too high..

We need to increase revenue, sadly the only way to do that is to borrow more but use it for what would generate revenue or ability to pay back the loan

So borrowing and using it to build road, bridge, rails, and the reat feel good projects is foolishness... Very big foolishness

And that's what APC have been doing since

But robust economic activities are what generates revenues for the government. In a stagnant economy such as have, government can only generate additional revenues by squeezing the already suffering masses.

1 Like

Re: 15 Nations Most Indebted To IMF by Mubiola360: 12:03am On Apr 04, 2025

mrvitalis:
One thing I have always said is if I ever decide to be governor or president Economics would be made compulsory in all schools from SS1 to university 200 level...

Volume of debt or size of debt is not an issue
Ability to repay is the issue

Someone can owe 2 million and be worse than someone who owe 10 billion

In nigeria the issue we talk about is our revenue to debt servicing is too high..

We need to increase revenue, sadly the only way to do that is to borrow more but use it for what would generate revenue or ability to pay back the loan

So borrowing and using it to build road, bridge, rails, and the reat feel good projects is foolishness... Very big foolishness

And that's what APC have been doing since

If you were tbe President, the money you borroewd will ne used for what ?

Re: 15 Nations Most Indebted To IMF by lagonovo: 12:29am On Apr 04, 2025

E pain dem dem, Nigeria is not there grin

Re: 15 Nations Most Indebted To IMF by lagonovo: 12:30am On Apr 04, 2025

mrvitalis:
which economic text told you that please quote it please

U don't need infrastructure to grow and economy obi has been telling you guys since 2019

Since 2015 Nigeria have been building infrastructure yet economy keeps dumping yet majority of Nigerians believe u need to build infrastructure to grow economy is this not madness?

He got that advice from a mad man - all we need is Hero Beer, not infrastructure cool

Re: 15 Nations Most Indebted To IMF by Bittersweetnig(m): 12:35am On Apr 04, 2025

123yes:
I did not see Nigeria on the list. Thanks to baba Tinubu.

tinubu Forged that list, he's very good at doing that

Re: 15 Nations Most Indebted To IMF by Confirm4real(m): 12:44am On Apr 04, 2025

Emilokan will be excited to collect more loans bayi o cheesy

Re: 15 Nations Most Indebted To IMF by annyz: 2:07am On Apr 04, 2025

The worst is owing China

Re: 15 Nations Most Indebted To IMF by Hussein035: 3:22am On Apr 04, 2025

mrvitalis:
One thing I have always said is if I ever decide to be governor or president Economics would be made compulsory in all schools from SS1 to university 200 level...

Volume of debt or size of debt is not an issue
Ability to repay is the issue

Someone can owe 2 million and be worse than someone who owe 10 billion

In nigeria the issue we talk about is our revenue to debt servicing is too high..

We need to increase revenue, sadly the only way to do that is to borrow more but use it for what would generate revenue or ability to pay back the loan

So borrowing and using it to build road, bridge, rails, and the reat feel good projects is foolishness... Very big foolishness

And that's what APC have been doing since

YOU PEOPLE JUST HATE YOUR COUNTRY AND I PRAY YOU DON'T DO GOOD THINGS IN LIFE UNTIL YOU LEAVE THIS COUNTRY

OYA EXPLAIN WHAT YOU WILL DO AS PRESIDENT IF YOU CANNOT BUILD INFRASTRUCTURES

EXPLAIN SINCE YOU WANT TO LOOT EVERYTHING?

1 Like

Re: 15 Nations Most Indebted To IMF by ugbarreta(m): 3:50am On Apr 04, 2025

Nigeria is not here, no wonder our leaders de borrow borrow money. Dem de hustle to make am to this list.

Re: 15 Nations Most Indebted To IMF by wildernessVoice: 3:55am On Apr 04, 2025

123yes:
I did not see Nigeria on the list. Thanks to baba Tinubu.

We might be the list from IMF.
What of world Bank, African Dev. Bank, Islamic Dev. Bank(SUKUK), ChinaExim bank etc.
The good thing about the nations mentioned use the loans for the benefits of the citizens unlike our own that bulk end up in private pockets of our leaders.

Re: 15 Nations Most Indebted To IMF by CaptainFM1: 4:20am On Apr 04, 2025

2special:
~~Most~~ Some people will be excited while ~~some~~ Most will be disappointed with this News.

Re: 15 Nations Most Indebted To IMF by ada9ja(f): 4:28am On Apr 04, 2025

123yes:
I did not see Nigeria on the list. Thanks to baba Tinubu.

Make we check world bank....Tinubu dey try oooo

Re: 15 Nations Most Indebted To IMF by Richardomatic: 4:28am On Apr 04, 2025

Am I the only one checking and rechecking this list looking for my country, Nigeria, and wondering why it is not in the list?

Re: 15 Nations Most Indebted To IMF by Trends30(m): 4:45am On Apr 04, 2025

Thanks God we are not even there

Re: 15 Nations Most Indebted To IMF by edungene7: 5:27am On Apr 04, 2025

temitope27:
Nigeria is in save hand

Thank you jagaban

Mumu tell China to publish her list of debtors I want to check something.

Re: 15 Nations Most Indebted To IMF by Alsenora: 5:51am On Apr 04, 2025

Constructive criticisms are welcome to guide a sitting government administration but not the one that reveal a crass lack of understanding, mischief or basic understanding of economic principles.

mrvitalis:
What would u tell a poor man that borrowed to build Village mansion or to take family on vacation?

Re: 15 Nations Most Indebted To IMF by creativejagaban: 5:53am On Apr 04, 2025

mrvitalis:
One thing I have always said is if I ever decide to be governor or president Economics would be made compulsory in all schools from SS1 to university 200 level...

Volume of debt or size of debt is not an issue
Ability to repay is the issue

Someone can owe 2 million and be worse than someone who owe 10 billion

In nigeria the issue we talk about is our revenue to debt servicing is too high..

We need to increase revenue, sadly the only way to do that is to borrow more but use it for what would generate revenue or ability to pay back the loan

So borrowing and using it to build road, bridge, rails, and the reat feel good projects is foolishness... Very big foolishness

And that's what APC have been doing since

You are disappointed that Nigeria's name is not on the list grin

If it is there, your story will change and the obi the fraud will also have rushed to arise tv to sing as usual grin

Re: 15 Nations Most Indebted To IMF by Paramount01(m): 6:22am On Apr 04, 2025

mrvitalis:
If I build all the roads in your village how would it increases revenue for your villagw

Yes, infrastructure can significantly increase the revenue of a state. Well-planned and well-maintained infrastructure can:

1. *Attract businesses and investments*: Modern infrastructure, such as roads, airports, and seaports, can make a state more attractive to businesses, entrepreneurs, and investors, leading to increased economic activity and revenue.
2. *Boost tourism*: Infrastructure like hotels, resorts, and recreational facilities can attract tourists, generating revenue from hospitality, transportation, and other services.
3. *Increase property values*: Quality infrastructure can increase property values, leading to higher tax revenues for the state.
4. *Improve agricultural productivity*: Irrigation systems, storage facilities, and transportation networks can enhance agricultural productivity, leading to increased revenue from agricultural exports.
5. *Enhance industrial productivity*: Infrastructure like industrial parks, logistics hubs, and energy systems can increase industrial productivity, leading to higher revenue from manufacturing and exports.
6. *Reduce transportation costs*: Efficient transportation infrastructure can reduce costs for businesses, making them more competitive and increasing revenue.
7. *Create jobs*: Infrastructure development can create jobs, both during construction and in the long term, increasing tax revenues and reducing unemployment.

Examples of infrastructure that can increase state revenue include:

- Transportation infrastructure (roads, highways, airports, seaports)
- Energy infrastructure (power plants, transmission lines)
- Water infrastructure (dams, irrigation systems)
- Telecommunication infrastructure (fiber optic cables, cell towers)
- Industrial infrastructure (industrial parks, logistics hubs)
- Tourism infrastructure (hotels, resorts, recreational facilities)

Overall, investing in infrastructure can have a multiplier effect on a state's economy, leading to increased revenue, economic growth, and improved quality of life.

1 Like

Re: 15 Nations Most Indebted To IMF by Paramount01(m): 6:25am On Apr 04, 2025

obyno82:
It is still below par we are still spending a large chunk of our earning on debt service. Reason is because we spent so much money on frivolous projects that add no value and supporting a bloated government.

Tinubu met it at 96% ,now is now 56% ,yet you are saying he is spending on frivoluuse things

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