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Bullion

Keywords

External debt, Debt management, Income

Abstract

Debt management primarily involves five basic functions: policy, regulatory, operational, accounting, and statistical analysis. The policy involves coordination among the agencies with prime responsibility for the economic management of a country in the formulation of national debt policies and strategies. This paper is arranged in six parts. Part I is an over-view of global debts in selected developed and developing economies. Part ll addresses the origin and structure of Nigeria's external debt. Part lll discusses the causative factors of Nigeria's external debt and her external borrowing policy. Part lV highlights the debt relief proposals and the Nigeria's external debt profile. Part V examines and evaluates the debt management strategies' adopted in Nigeria while the last part gives the summary.

Publication Title

CBN Bullion

Issue

2

Volume

15

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