African Development Bank says Nigeria spends 50% of its earning on debt servicing
The bank, revealed this in its West Africa Economic Outlook 2019.
According to AfDB, the lowest revenue spent by West African countries on external debt servicing is 17 per cent.
The banks adds that with the increasing domestic debt burden, the percentage of revenues spent on debt servicing in Nigeria will go higher.
African Development Bank says Nigeria spends 50% of its earning on debt servicing
The bank, revealed this in its West Africa Economic Outlook 2019.
According to AfDB, the lowest revenue spent by West African countries on external debt servicing is 17 per cent.
The banks adds that with the increasing domestic debt burden, the percentage of revenues spent on debt servicing in Nigeria will go higher.
African Development Bank says Nigeria spends 50% of its earning on debt servicing
The bank, revealed this in its West Africa Economic Outlook 2019.
According to AfDB, the lowest revenue spent by West African countries on external debt servicing is 17 per cent.
The banks adds that with the increasing domestic debt burden, the percentage of revenues spent on debt servicing in Nigeria will go higher.
African Development Bank says Nigeria spends 50% of its earning on debt servicing
The bank, revealed this in its West Africa Economic Outlook 2019.
According to AfDB, the lowest revenue spent by West African countries on external debt servicing is 17 per cent.
The banks adds that with the increasing domestic debt burden, the percentage of revenues spent on debt servicing in Nigeria will go higher.
African Development Bank says Nigeria spends 50% of its earning on debt servicing
The bank, revealed this in its West Africa Economic Outlook 2019.
According to AfDB, the lowest revenue spent by West African countries on external debt servicing is 17 per cent.
The banks adds that with the increasing domestic debt burden, the percentage of revenues spent on debt servicing in Nigeria will go higher.
African Development Bank says Nigeria spends 50% of its earning on debt servicing
The bank, revealed this in its West Africa Economic Outlook 2019.
According to AfDB, the lowest revenue spent by West African countries on external debt servicing is 17 per cent.
The banks adds that with the increasing domestic debt burden, the percentage of revenues spent on debt servicing in Nigeria will go higher.
African Development Bank says Nigeria spends 50% of its earning on debt servicing
The bank, revealed this in its West Africa Economic Outlook 2019.
According to AfDB, the lowest revenue spent by West African countries on external debt servicing is 17 per cent.
The banks adds that with the increasing domestic debt burden, the percentage of revenues spent on debt servicing in Nigeria will go higher.
African Development Bank says Nigeria spends 50% of its earning on debt servicing
The bank, revealed this in its West Africa Economic Outlook 2019.
According to AfDB, the lowest revenue spent by West African countries on external debt servicing is 17 per cent.
The banks adds that with the increasing domestic debt burden, the percentage of revenues spent on debt servicing in Nigeria will go higher.
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