IMF warns Nigeria, others on impending  vulnerabities from excessive borrowing

IMF warns Nigeria, others on impending vulnerabities from excessive borrowing

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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