Fiscal deficit pressure

Fiscal deficit pressure: FG increases domestic borrowing by 3.9% to N3.3trn in H1’21

Fiscal deficit pressure: FG increases domestic borrowing by 3.9% to N3.3trn in H1’21

By Babajide Komolafe Pressured by widening fiscal deficit worsened by weak revenue inflow, the Federal Government took advantage of investors’ appetite for higher interest rate to increase  domestic borrowing in the first half of the year (H1’21) by 3.9 per cent, year-on-year, to N3.3 trillion from N3.18 trillion in the corresponding period of 2020 (H1 […]