FG omitted N8.8trn spending worth 2% of GDP from recent budgets — IMF

By Yinka Kolawole, with agency report The International Monetary Fund (IMF) has disclosed that the Federal Government (FG) failed to capture public expenditure equivalent to about two per cent of Nigeria’s Gross Domestic Product (GDP) in recent national budgets, creating a mismatch between the country’s reported fiscal deficit and its actual financing needs. IMF’s Resident Representative […] The post FG omitted N8.8trn spending worth 2% of GDP from recent budgets — IMF appeared first on Vangu...

By Urowayino Jeremiah