ECONOMICS
IMPACT OF DEBT MANAGEMENT ON NIGERIA’S ECONOMIC GROWTH (2010-2022)
The pursuit of economic growth and development has driven Nigeria to incur both external and domestic debts. This study...
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quantitative
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CHAPTER ONE
INTRODUCTION
1.1 Background of the Study
The pursuit of economic growth and development has driven Nigeria to incur both external and domestic debts. Oyejide defines debt as the result of borrowing, where government borrowing constitutes public debt, which can be internal or external. Such debt arises from government borrowings in domestic and international financial markets to finance domestic investments. Public debt encompasses the total borrowings by all levels of government—i...
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