Post by Engr. Olusola Adedayo (@Moschino)

Wale Edun, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, has raised concerns over increasing debt service pressures among developing countries, noting that about 50% of low-income nations are in or nearing debt distress

Wale Edun, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, has raised concer...

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Engr. Olusola Adedayo: Speaking at the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development Technical Group Meeting in Abuja, Edun said annual debt repayments in the Global South now exceed inflows from foreign aid and foreign direct investment, limiting fiscal space for growth and deve...