Financial Foresight: Why FG Must Sidestep Borrowing And Additional Debt At All Cost – DMO
DMO warned FG against additional borrowing due to high Debt Service-to-Revenue ratio. DMO advised FG to focus on revenue generation & recommended 6 ways to reduce borrowing. DMO’s warning comes as debt profile continues to grow. EKO HOT BLOG reports that the Debt Management Office (DMO) has warned the Federal Government against additional borrowing, saying … Read more