Tags : 2021 budget deficit

Budget Deficit Rises To N20.64tn In Five Years

According to data from the budget office, Nigeria’s budget deficit has risen to N20.64 trillion from 2016 to 2020. A budget deficit occurs when expenses exceed revenue and indicate the financial health of a country. According to the budget office, more than N7.97tn was borrowed from foreign and domestic sources to fund these deficits. Breakdown […]Read More