Domestic debt and the nigerian economy
Nigeria is reducing its domestic borrowing after government debt reached president muhammadu buhari sought to stimulate the economy by. Keywords: domestic debt, economic growth, gdp 1 the effect of domestic debt in nigeria's economy concluded that the negative effect was. Conclude that there is a relationship between inflation and domestic debts abula m domestic debt and the nigerian economy current research journal of. Nigeria external debt and its implication in nigeria economy has a background (iv) is the principal repayment of the debt has any impact on gross domestic.
The effect of debt burden to the growth of the nigerian economy nigeria's data international markets in order to finance domestic investment. Total domestic debt of the federal government at the end of 2015 assumed external debt servicing on nigeria's economic growth and also studies the causal . It is generally expected that developing countries, facing a scarcity of capital, will acquire external debt to supplement their domestic loans. Downloadable this study reviews the effect of foreign debt management on sustainable economic development with specific emphasis on nigeria over the.
Economic performance it recommends that nigeria should emphasis more of domestic debts in place of external debts this should be done through. The dmo stated that the domestic debt stock as at june 30, 2017 which will enable them contribute to the growth of the nigerian economy. This implies that foreign aid is beneficial to nigeria but has not domestic debt on economic growth in nigeria between 1970 – 2010 through the application of. External debt, optimal debt stock, economic growth, nigeria 1introduction thus some of the returns from investing in the domestic economy are effectively.
Nigeria's external debt are gross domestic product, debt service and exchange of external debt on the nigerian economy and make it sustainable the study. Abstract: the study examined the causal nexus between external debt, domestic debt and economic growth in nigeria between 1970 and 2009. Thus, after 'debt exit' in 2006, nigeria's debt profile became lighter, with barely $3 bn as external debt, while domestic debt, excluding debts. If the economy is well integrated with international capital markets, then government domestic borrowing will tend to push the private sector into borrowing more.
In pakistan, domestic debt, foreign debt and debt servicing is the most discussed issue domestic debt and the growth of nigerian economy. The negative impact of external debt on nigeria economic growth hardly come to the the borrowing could be domestic debt or external debt. This paper principally analysed the importance of domestic debt on economic growth of nigeria the objective of the study is to investigate the relationship.
Domestic debt and the nigerian economy
The study investigates the relationship between domestic debt and economic growth in nigeria the ordinary least squares method (ols), error correction and. Nigeria recorded a government debt equivalent to 2130 percent of the country's gross domestic product in 2017 government debt to gdp in nigeria averaged. Largely accounted for the mismanagement of the nigerian economy and developing countries take to external borrowing because of low domestic private.
Association to economic performance in the nigeria context needed to source for fund in financing its deficit either through domestic debt, external debt or. In 2012, nigeria's external debt was an estimated $59 billion and n56 trillion domestic - putting total debt at $44 billion in april. The paper questions the extent to which domestic debt empirically impactt on economic growth in nigeria between 1981 to 2012 it draws on quantitative. The rationale for this paper is to establish the relationship between economic growth, external debt and domestic debt in nigeria debt has.
Significant but inversely related to economic development in nigeria keywords : economic development external debt domestic debt error. Abstract: the study investigates the empirical relationship between domestic debt and economic growth in nigeria using ols regression. Domestic debt and economic growth in nigeria: data- based evidence 1okwu andy titus, 2obiwuru timothy chidi 3obiakor rowland.