FG secured $1.08bn foreign loans in 2024 – Budget Officey

The Federal Government secured a total of $1.08bn in foreign loans in 2024, largely from multilateral, bilateral, and commercial sources, as it sought to finance budget deficits and priority development projects amid weak revenue performance and rising debt service pressures. Details contained in the 2026–2028 Medium Term Expenditure Framework and Fiscal Strategy Paper released by Read More: https://punchng.com/fg-secured-1-08bn-foreign-loans-in-2024-budget-officey/