A key agency of the Federal Government, Debt Management Office, DMO, has faulted the economic plan of the President Muhammadu Buhari administration, asking it to formulate a new economic blueprint and road map for the medium term.
This is coming on the heels of plans by the Federal Government to borrow US$29.9 billion over the next two years.
The call by the DMO is contained in its 2016 Debt Sustainability Analysis (DSA) report that was released on Wednesday in Abuja.
In the report, the DMO said the formulation of a blueprint will engender confidence in both local and international investors on the way forward.
RipplesNigeria …without borders, without fears
Latest posts by Ripples Nigeria (see all)
- Nigeria, South Africa to sign pact on assets recovery - November 22, 2019
- 2023 Presidency: Will Atiku Cheat Ndigbo, Again? Tufiakwa! - November 22, 2019
- One day after suing EFCC for damages, Mompha has fraud charges filed against him by the agency - November 22, 2019