The Costs of Debt Servicing Infographic

The Economic Growth and Recovery Plan 2017-2020 was launched on April 5th, 2017 by President Buhari. The Plan’s objectives are to increase economic growth and development by stabilizing the macroeconomic environment, achieving agriculture and food security, ensuring energy efficiency, improving transportation infrastructure, and driving industrialization focusing on small and medium scale enterprises. However, over one-fifth of the proposed 2017 budget is allocated to debt servicing. The Costs of Debt Servicing Infographic shows how the ₦1.44 trillion allocated to debt servicing could have doubled the allocation to the 7 key ministries needed to achieve the objectives of The Economic Growth and Recovery Plan.

Consultingindustryoverview_

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s