Fiscal deficits, soaring debt, inflation threatening FX reforms –Obi-Chukwu

By Maduka Nweke The Chief Executive Officer of Nairametrics, Mr. Ugodre Obi-Chukwu, has warned that Nigeria’s burgeoning fiscal deficits, escalating debt burden and persistently high inflation could severely undermine exchange rate stability and nullify the gains from the country’s ongoing foreign exchange (Forex) reforms. Speaking at the Financial Correspondents Association of Nigeria’s (FICAN) monthly forum [...]The post Fiscal deficits, soaring debt, inflation threatening FX reforms –Obi-Chukwu appeared first on The Sun Nigeria.

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