Okonjo-Iweala got Nigeria out of debt, but we are now back there says Amina Mohammed UN deputy secretary-general
The Deputy Secretary-General of United Nations, Amina Mohammed, on Tuesday speaking at the international monetary fund (IMF) and UN working together conversation has said that the former Minister of finance, Dr Ngozi Okonjo-Iweala, spent years to get Nigeria out of debt, but the country is now back to debt. She expressed conccern over the rising level of
debt in Nigeria and all countries in Africa.
Amina, who was once Nigeria’s Minister of environment prior to her Un appointment, said the UN and IMF must have better conversations on the demands of a growing economy, seeking ways to make growth better and inclusive. She said Public resources are always going to be important, and so is ODA and the private sector. But I think we still haven’t yet got quite the solution and I hope that the work that we do together will open up that space to think more on how to leverage that.
She said as I was coming up from New York, some of the concerns that came up from the meeting we had in China just recently and reports that we have; the debt issues are really big, I mean, having experienced what it was for Ngozi (Okonjo-Iweala) to get debt relief. It took her a few years to convince people, and we are now back again in my country, with a level of debt that is worrying, but its happening all over. Africa, is that the way we want to go?
debt in Nigeria and all countries in Africa.
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| United Nations deputy secretary-general |
Amina, who was once Nigeria’s Minister of environment prior to her Un appointment, said the UN and IMF must have better conversations on the demands of a growing economy, seeking ways to make growth better and inclusive. She said Public resources are always going to be important, and so is ODA and the private sector. But I think we still haven’t yet got quite the solution and I hope that the work that we do together will open up that space to think more on how to leverage that.
She said as I was coming up from New York, some of the concerns that came up from the meeting we had in China just recently and reports that we have; the debt issues are really big, I mean, having experienced what it was for Ngozi (Okonjo-Iweala) to get debt relief. It took her a few years to convince people, and we are now back again in my country, with a level of debt that is worrying, but its happening all over. Africa, is that the way we want to go?
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