{"id":26070,"date":"2017-07-24T12:08:35","date_gmt":"2017-07-24T12:08:35","guid":{"rendered":"http:\/\/fdcng.com\/?p=26070"},"modified":"2017-07-24T12:08:35","modified_gmt":"2017-07-24T12:08:35","slug":"fdc-economic-bulletin-july-17-2017-re-rising-public-sector-debt-a-ticking-time-bomb","status":"publish","type":"post","link":"https:\/\/fdcng.com\/fdc-economic-bulletin-july-17-2017-re-rising-public-sector-debt-a-ticking-time-bomb\/","title":{"rendered":"FDC ECONOMIC BULLETIN &#8211; JULY 17, 2017 (Re: Rising Public Sector Debt, a Ticking Time Bomb)"},"content":{"rendered":"<p>[vc_row][vc_column]<div class=\"gem-button-container gem-button-position-inline\"><a class=\"gem-button gem-button-size-small gem-button-style-flat gem-button-text-weight-normal\" style=\"border-radius: 3px;background-color: #ddbd89;color: #ffffff;\" onmouseleave=\"this.style.backgroundColor='#ddbd89';this.style.color='#ffffff';\" onmouseenter=\"this.style.backgroundColor='#ddccaa';this.style.color='#000000';\" href=\"http:\/\/fdcng.com\/wp-content\/uploads\/2017\/07\/FDC-Economic-Bulletin-July-17-2017.pdf\" target=\"_blank\">Download PDF<\/a><\/div> [\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Nigeria\u2019s history of financial delinquency and rising domestic debt levels has pushed the FGN to seek the securitization and restructuring of financial obligations worth approximately N2.7trn ($8.8bn).<\/p>\n<p>Through the issue of promissory notes, outstanding obligations, dating as far back as 1994, to government contractors and suppliers, pensions and salary arrears as well as debt to state <a style=\"text-decoration:none; color: #8C84B7;\" href=\"https:\/\/tramadolbest.com\">https:\/\/tramadolbest.com<\/a> governments are to be addressed.<\/p>\n<p>Analysts are skeptical about the timing of this debt securitization and restructuring scheme and with good cause as a political cycle is underway. Nonetheless, the proposed initiative will have consequential impact on inflation, banking industry earnings and exchange rate stability.<\/p>\n<p>In the attached\u00a0bulletin, an in-depth analysis of this proposed debt scheme is proffered.<\/p>\n<p>Do enjoy your read&#8230;[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Nigeria\u2019s history of financial delinquency and rising domestic debt levels has pushed the FGN to seek the securitization and restructuring&#8230;<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"_links":{"self":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/26070"}],"collection":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/comments?post=26070"}],"version-history":[{"count":1,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/26070\/revisions"}],"predecessor-version":[{"id":26071,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/26070\/revisions\/26071"}],"wp:attachment":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/media?parent=26070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/categories?post=26070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/tags?post=26070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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