FG defies concerns, ramps up domestic borrowing to N10.85trn

•Shifts borrowing preference to TBs amidst high interest rates•Deficit to escalate as oil revenue underperforms•Analysts disagree over impact of GDP rebasing on debt ratio By Babajide Komolafe, Economy Editor & Peter Egwuatu In spite of mounting concerns over the huge level of the country’s public debt, and the severe impact of rising cost of debt [...]The post FG defies concerns, ramps up domestic borrowing to N10.85trn appeared first on Vanguard News.

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