IMF warns Nigeria, others on impending vulnerabities from excessive borrowing

by | October 11, 2017 6:17 pm

The International Monetary Fund (IMF) has warned that greater reliance on foreign borrowing by emerging markets and other low-income countries, including Nigeria could at some point become a vulnerability, especially if those resources are not put to good use. External borrowing in emerging market economies, and low income countries has increased substantially and the IMF…

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