recovery

Nigeria Economic Update (Issue 6)

The International Monetary Fund (IMF) projects that Nigeria‚Äôs fiscal balance is estimated to increase considerably. More specifically, general government deficit is projected to widen from 4.8 to 5.9 percent of GDP between 2019 and 2020.1 Also, public debt is projected to increase substantially to 34 percent of GDP in 2020 from 29.1 percent in 2019. […]

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