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External debt servicing gulps $1.08bn in nine months — DMO

The Federal Government spent a total of $1.08bn (N400.90bn) on External Debt Servicing between January and September 2019. Data obtained from the Debt Management Office revealed that in the nine-month period, $279.63m (N103.46bn) was paid to multilateral sources such as the International Bank for Reconstruction and Development and the International Development Association. A total of…

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External debt servicing gulps $1.08bn in nine months — DMO

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