The Minister of Finance, Kemi Adeosun, has said that at 20 per cent Debt to Gross Domestic Product (GDP), Nigeria's foreign debt level does not pose any risk to its financial stability and economy.
While admitting that the concerns raised by the International Monetary Fund (IMF) on the attendant risk of rising foreign debts to emerging economies was legitimate, she argued that Nigeria was not among the countries referred to by Bretton Woods institution.
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