Deficit Financing in Nigeria, 1965–70

In: The journal of modern African studies: a quarterly survey of politics, economics & related topics in contemporary Africa, Band 13, Heft 1, S. 140-147

Abstract

The ever-increasing African aspirations for development have been reflected in the many plan documents produced during the last decade. But the growth of government resources – or public savings, defined as the excess of current revenue over current expenditure ' has lagged very much behind. In consequence, resort is increasingly being made to other sources of funds.