Investor Presentaiton
Abia State Government of Nigeria
LOANS
FINANCING: BREAKDOWN OF LOANS
Project/Donor
Loan from Commercial Banks
Loan from The Infrastructural Bank(TIB)
World Bank - Education for Employment and Skill Acquisition
Belgium Gov't - Umuahia/Aba Regional Water Scheme
Total Loans
2020 Budget Target
Amount (Naira)
Billion
2.00
The Government borrows to
finance its annual budget
generally when revenues
and grants are not enough
to fund all the expenditures
in the budget. Loans could
be domestic and or foreign
sources. Loans can be for a
Amount Naira
2,000,000,000
10,000,000,000
10.00
730,000,000
used to finance the general
3.000.000.000
3.00
budget expenditures.
15,730,000,000
15.73
specific project or set of
0.73 expenditures or could be
2020 Approved Estimates
............
Budget of Economic Repositioning.
366
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