The DMO in a statement released on Saturday said the reports failed to consider the challenges experienced by Nigeria in recent times such as two recessions, a sharp drop in revenues and security challenges.
The Debt Office claimed the analysis made by the two Financial Organizations did not acknowledge the improvements in infrastructure which have been achieved through borrowing as well as the strong measures by the Government to grow revenues. It argued that the Federal Government is already implementing policies towards increasing revenue and developing infrastructure through Public-Private Partnership, , arrangements both of which will improve debt sustainability.
The DMO also noted that “the Government has active and regular engagements with the IMF on borrowing and debt management”.
Of course ,its the usual tactics of the western IMF to make comments that demotivate the public and make them unpatriotic to the govt
Greetings!!!!!!! Let's do some quick fellowship with this tweet. IFB_ASAP kings_chickens
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