A deputy Auditor-General on February 20, 2024, queried the Treasury on unsustainable debt and deficit strategy. Yet a Eurobond topping 10 percent (yield, in bond-speak) was issued, partly paying the $2 billion bond repayment due June 2024.
Compare this to single digits Benin and Cote d’Ivoire obtained recently. We focus on the faulty macro-experiment and knock-on effects on devolution.
