cbn statement, 2023-05-24
The 2023 Federal Government budget, for example, shows the expected total revenue to be generated as N10.49 trillion while the total expenditure is projected to be N21.83 trillion, resulting in a projected deficit of N11.34 trillion, a large part of which is to be financed by borrowing from the Central Bank of Nigeria (CBN).
Sentiment: neutral
Topic: fiscal_policy