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proportion of GDP in 2013 would stand at about 20. 24 per cent. We note that the debt to GDP ratio is acceptable as it is below the applicable critical limit Adidas Stan Smith Women Blue of 56 per cent for countries in Nigeria's economic peer group. This means that Nigeria's debt portfolio has wide fiscal sustainability space. There is a commitment by the Federal Government to ensure that th.

shows that the external debt (Federal Government and Adidas Ultra Boost White 1.0

States) accounted for 15. 50 per cent of the total debt stock at N1. 29 trillion ($8.

f infrastructure in new districts in the Federal Capital Territory. "According to the latest data by the DMO, Nigeria's total debt stock (external and domestic) was N8. 32 trillion on September 30, 2013, a 10. 20 per cent rise from the level on December 31, 2012 level of N7. 55 trillion. A breakdown of the public debt Adidas Stan Smith Shoes For Girls

26 billion at exchange rate of N155. 75/$1), while the domestic debt stock accounted for 84. 50 per cent of the total debt stock at N7. 03 trillion. The external debt contributed about 13. 59 per cent to the total debt as at 2013 half year. The increase in the contribution of external debt level in the 2013 third quarter, compared to half year 2013 was due to the benign interest rate environment in the international financial system, which the Federal and State Governments utilized to their advantage.

A report by FSDH Research blamed the increase in the contribution of external debt to the total debt stock in third quarter 2013, compared to second quarter "was due to the benign interest rate environment in the international financial system, which the Federal and State Governments utilized to their advantage. "Continuing, the report recalled that "the National Debt Management Framework (2013 2017) prepared by the Debt Management Office (DMO) indicates that the acceptable optimal ratio of domestic debt to external debt by the Federal Government should be 60:40, as opposed to the current distribution of about 84:16 as at third quarter 2013. "FSDH Research estimates that the public debt stock in the country as a Adidas Tubular Doom Black

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