COVID-19 threatens FG’s $3.3bn borrowing plans for budget 2020 – Daily Trust

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COVID-19 threatens FG’s $3.3bn borrowing plans for budget 2020

Plans by the federal government to bridge the huge deficit in the 2020 budget through external borrowing may be jeopardised as financial analysts see the raging Coronavirus pandemic as likely to shut external borrowing debt markets to borrowers, particularly Nigeria and others in Africa.

Source: Financial Digest (financialdigest.net)

 

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