Nigeria: IMF Advises Nigeria to Deploy Borrowed Funds in High-Return Investments, Infrastructure

19 April 2018

Washington DC — The International Monetary Fund (IMF) has stressed the need for fiscal adjustment in Nigeria as it urged the federal government to ensure it expends borrowed funds on high return investments and infrastructure.

The Assistant Director, Fiscal Affairs Department, IMF, Catherine Pattillo, gave this advice while responding to a question during the launch of the Fiscal Monitor report, at the ongoing IMF/World Bank meetings in Washington DC.

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