Investor Presentaiton
EVEN WITH THE RECENT REFORMS, FINANCING NEEDS REMAIN ELEVATED
And complementary measures are needed to reduce debt pressures
Gross borrowing is expected to be high, albeit
lower than in a no reform scenario...
and debt servicing will remain a concern
despite the increase in fiscal space
Percent of GDP
12.0
Percent of revenues
180
No reforms
160
10.0
140
5.4
5.1
8.0
5.0
4.2
120
2.4
Ways and
6.0
100
0.8
1.9
0.7
1.7 Means/
1.8
1.6
Residual
80
1.4
4.0
External
With subsidy removal and
borrowing
60
FX reforms
5.2
5.0
2.0
4.3
3.9
4.0
3.5
40
Domestic
borrowing
0.0
20
2023
2024
2025
2023
2024
2025
No reforms
Reform scenario
0
2022
2023
2024
2025
NIGERIA
THE WORLD BANK
IBRD ⚫IDA | WORLD BANK GROUP
Source: World Bank estimates based on data from BOF and DMO
18View entire presentation