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The Minister of Finance, Wale Edun, says the Federal Government has recorded significant strides in its fiscal management, with a dramatic decline in debt service and a surge in non-oil revenue. Edun made this known on Thursday in Abuja during an assessment of the economy’s first-half performance. The minister said the debt service ratio has plunged from a staggering 97% in June 2023 to a more manageable 68% in 2024. According to him, the substantial reduction in debt servicing costs frees up significant resources for critical sectors such as infrastructure, education, healthcare, and social s…

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