FG Says N3.57tn Was Borrowed in 21 Months To Finance Budget Deficit

The Federal Government said on Tuesday that it borrowed N3.57tn between June 2015 and March 2017 to finance budget deficits. The government said this in response to an enquiry by The PUNCH, which sought to know what use it had put the funds being borrowed in the last two years from both external and local sources.The enquiry, which was addressed to the Minister of Finance, Mrs. Kemi via IFTTT