IMF: Nigeria omitted public spending worth 2% of GDP from recent budgets
The International Monetary Fund (IMF) says Nigeria failed to record public spending equivalent to about 2 percent of its gross domestic product (GDP) in recent official budgets, creating a gap between its reported fiscal deficit and actual financing needs.
Christian Ebeke, the IMFโs resident representative in Nigeria, spoke on Wednesday at a meeting with business executives in Lagos.
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