Part I of this series by former Finance Minister, Seth E. Terkper, discussed the increase in Public Debt, with and without the effect of banking sector bailout costs, from 56.8 per cent of GDP at end-2016 to 60.3 per cent at end-September 2019.

Part II noted that projected end-2019 Fiscal Deficit of 4.5 per cent is higher at about 5.2 per cent, including bank bailout costs in the Budget Appendices.

Finally, Parts III and IV discuss the mobilisation of revenues from domestic (i.e., tax and non-tax) and external (i.e., aid or grants) sources.

Read the full Part V below.

 

Tags: