GENERALBAZE.COM.NG

Website For All Latest Musics, Videos, Movies. Entertainment And General Updates

We Are Not Taking Any Loan From IMF – FG

Get GENERALBAZE Latest Videos (SUBSCRIBE FREE HERE)

The Minister of Budget and National Planning, Udoma Udo Udoma has insisted the Federal Government will not take any loan from the International Monetary Fund.

Ministry of Budget and National Planning, Udoma Udo Udoma
 
The Ministry of Budget and National Planning has explained that the Federal Government is not sourcing any loan from the International Monetary Fund (IMF).
 
The Minister of Budget and National Planning’s Media Adviser, Mr James Akpandem, made the clarification on Friday in Abuja.
 
Akpandem said that the minister, Mr Udoma Udo Udoma, did not mention turning to IMF as reported by a national newspaper on Friday.
 
He said the minister while briefing a French delegation that visited him in Abuja on Thursday, explained generally that government was exploring both internal and external sources to fund infrastructure.
 
According to him, the minister emphasised that in the case of external sources, government will only be looking at institutions that can give concessionary terms.

“The Federal Government does not have need to go to the IMF for any loan at this time,’’ he said.
 
The minister had told the delegation that the government was borrowing to provide infrastructure.
 
-NAN

The post We Are Not Taking Any Loan From IMF – FG appeared first on GL Trends.

READ ALSO :   9 Ridiculous Nollywood Movie Titles Taken From Real Life (Photos)

Source: Gltrends

Download here

261 total views, 1 views today

Generalbaze Video Of The Week

Generalbaze Video of the week

Title :-DMW – Mind Ft. Davido, Peruzzi, Dremo & Mayorkun

Contact Us

Phone:- 09030293089
Instagram:-@generalbaze
Twitter:-@generalbaze
Facebook:-Generalbaze.com

Wish to advertise or promote music/video here,call/sms us via 09030293089 or mail us via email:- generalbaze@gmail.com

Nairabet.com

What Others Are Reading Now

READ ALSO :   How To Get Free 5Gb From mtn In Your 4G LTE Sim

Leave a Reply

Your email address will not be published. Required fields are marked *

GENERALBAZE.COM.NG © 2017
%d bloggers like this: