NESG recommends tax reforms, others to reduce debt burden

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THE Nigerian Economic Summit Group has recommended tax reforms, fiscal restructuring and project-specific borrowing in order to reduce the country’s high debt burden.

The group also canvassed the use of technology in expenditure management and alternative financing to achieve fiscal sustainability.

The DMR is an initiative of the Nigerian Economic Summit Group and Open Society Initiative for West Africa. In a statement, NESG CEO, ‘Laoye Jaiyeola, highlighted the depth of research and sub-regional collaboration involved in the production of the report, as well as its significance for sustainable debt management across the region, if implemented.

 

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