Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB - NairalandIfeanyi Onuba, Abuja
The Federal Government is to raise the sum of $6.9bn through external borrowing from the World Bank, the International Monetary Fund and the African Development Bank.
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, disclosed this on Monday in Abuja during a media briefing on the fiscal policy measures to tackle the impact of the coronavirus pandemic on the economy.
The amount, according to her, is in form of concessional funding to...
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