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The Debt Management Office (DMO) has reiterated that Nigeria’s debt-to- Gross Domestic Product (GDP) ratio is within the specifications of the World Bank and International Monetary Fund . The Director-General of the DMO, Ms Patience Oniha, said on Tuesday in reaction to some media reports, excluding Business Post, that the debt-to-GDP ratio of 52 per cent exceeded the World Bank/IMF’s prudential ceiling for countries in Nigeria’s peer group. |
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