Debt service

Economy: Other sectors in limbo as debt servicing surges

Economy: Other sectors in limbo as debt servicing surges

…As debt service to revenue ratio hits 72% •Analysts, IMF paint picture of threat By Emeka Anaeto, Business Editor and Nkiru Nnorom The ability of the Federal Government (FG) to finance other critical sectors of the economy, especially investing in infrastructural development, will face more set-back over ballooning debt service-to-revenue ratio. This comes at the […]