Budget Deficit: Presidency seeks Nat. Assembly approval for $500m loan

Budget Deficit: Presidency seeks Nat. Assembly approval for $500m loan

The Presidency is seeking the approval of the National Assembly to raise an additional $500 million Eurobond from the international capital market. The fund, according to Acting President Yemi Osinbajo, is required to finance the total sum of N4.023 trillion budget deficit in the 2016 and 2017 fiscal years respectively. In a letter read by…

This content is for Standard & Premium Digital Subscribers only.
Log In Subscribe Read For Free (Coming Soon)

Related Posts