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On the other hand, FGN Debt Service-to-Revenue ratio at 73.5 per cent in 2023 exceeds the recommended threshold of 50 per cent due to low revenue, which means that there is need to significantly increase Government revenue.
Source: https://punchng.com/dmo-worries-over-low-revenue-as-nigerias-debt-nears-n81tn/
The OECD also noted Ireland’s “substantial” exposure to global risks, which may further impact exports and Government revenue.
Source: https://www.irishexaminer.com/business/economy/arid-41281543.html