Budget deficit: Nigeria plans to request a 1.5 billion dollar loan from the World Bank : Orishas-finance

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Budget deficit: Nigeria plans to request a 1.5 billion dollar loan from the World Bank

17/10/2023

Source : ORISHAS FINANCE

Categories: Economy/Forex

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Budget deficit: Nigeria plans to request a 1.5 billion dollar loan from the World Bank

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Dans le but de combler son déficit budgétaire, le gouvernement nigérian pense demander un prêt de 1.5 billion dollars from the World Bank.

World Bank funding is needed to implement economic reforms aimed at accelerating economic growth and supporting more than 40% of Nigeria's 200 million people living in poverty. Nigerian Finance Minister Wale Edun said the country's authorities have already agreed on a plan to receive funds from the World Bank, including preferential funding from the International Development Association, a subsidiary of

the World Bank.

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