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Tag: FG to seek foreign loans to make up for deficit in 2016 budget

FG to seek foreign loans to make up for deficit in 2016 budget

December 17, 2015December 17, 2015Ayo Olowo

NIGERIA – The minister of finance, Kemi Adeosun, in a chat with Bloomberg, revealed that Nigeria would borrow internationally and locally to finance the deficit in the 2016 budget. She explained that the decision was based on the pressure confronting the economy as a result of plunging oil prices in the global crude market. However, […]

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