Approaches to Public Debt Financing and Sustainability, The Nigerian Economic Summit Group, The NESG, think-tank, think, tank, nigeria, policy, nesg, africa, number one think in africa, best think in nigeria, the best think tank in africa, top 10 think tanks in nigeria, think tank nigeria, economy, business, PPD, public, private, dialogue, Nigeria, Nigeria PPD, NIGERIA, PPD
Tue Oct 26th 2021
7 months ago 02:45:00pm

Due to a shortage of revenue and inadequate financing of public programmes, the public debt situation in Nigeria has grown unsustainably. The pace of accumulation and the difficulty in servicing these debts have further aggravated the problem. The rising debt profile was further exacerbated by the outbreak of COVID-19, with a severe impact on public finance and the economy at large. Hence, identifying practicable alternative sources and sustainable solutions to financing public expenditure is an economic imperative.