Markets await broader fiscal progress
...continued reforms seen as key to market return
Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU
The latest Eurobond repayment by government has strengthened confidence in the country’s commitment to honouring its post-restructuring debt obligations, but investors and analysts say sustained fiscal discipline and continued macroeconomic improvements will determine whether the gains translate into lower borrowing costs and a return to international capital markets.
Published by Juliet Etefe
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