Why debt service rate is high – Osun govt

Tribuneonlineng | 11-09-2024 07:46am |

Tribune OnlineWhy debt service rate is high – Osun govtThe Osun State Government has attributed its high debt service payment to the devaluation of the Naira, dispelling rumours of new borrowing. According to Commissioner for Information and Public Enlightenment, Kolapo Alimi, the increase in monthly loan repayment is a direct consequence of the nation’s weak currency. “The apparent rise in debt service payment is [...]Why debt service rate is high – Osun govtTribune Online

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