Post by Proshare (@Proshare)

IMF Raises Concerns Over Nigeria’s Off-budget Public Expenditure

According to the IMF Resident Representative in Nigeria, Christian Ebeke, the omitted expenditures relate primarily to major government infrastructure projects financed or executed outside the formal budget framework. While these projects create fiscal obligations for the government, they have not been fully reflected in headline fiscal accounts, making official deficit figures appear lower than the government's underlying fiscal position.

https://proshare.co/articles/imf-raises-concerns-over-nigerias-off-budget-public-expenditure?menu=Economy&classification=Read&category=Budget

IMF Raises Concerns Over Nigeria’s Off-budget Public Expenditure According to the IMF Resident Repr...

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