National Debt: FG Releases Sustainability Analysis - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (A.M)
July 15, 2022
The DSA recommended an effective implementation of the Petroleum Industry Act, PIA, 2021 which is expected to attract investment in the oil and gas sector.
It also recommended a sustained implementation of the National Development Plan, NDP, 2021-2025 to maintain the recovery in the economy, while rationalizing expenditure by focusing on priority spending on growth-enhancing sector of the economy.
It identified real Gross Domestic Product, GDP, growth, real interest rate and exchange rate as key challenges that could push up total public debt up this year and in 2023.
The DSA posted on the DMO website indicated that Nigeria adopted Market Access Country-Debt Sustainability Analysis framework to conduct its debt sustainability exercise in 2021.