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Gombe earmarks 10% of 2025 budget for debt servicing

punchng.com/gombe-...

submitted about 1 year ago by uzong

submitted about 1 year ago by uzong

  • The Gombe State Commissioner for Finance shared that 10% of the 2025 budget is set aside for debt servicing, which he considers to be a small amount.
  • He mentioned that the state borrows money to fund infrastructure projects, not for day-to-day expenses, and believes this approach is in line with global standards for managing finances effectively.
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