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Which country became debt-free in April 2025?

ABangladesh
BMalaysia
CNone of these
DNigeria

Explanation

– Nigeria was reported to have paid off its outstanding debt to the International Monetary Fund (IMF), achieving a notable milestone in its public finance management.
– This reflects Nigeria’s broader efforts toward fiscal consolidation and reducing its external debt burden.
– Nigeria remains Africa’s largest economy by GDP and has pursued various economic reform programs in recent years.
– Debt repayment milestones of this kind are often highlighted as indicators of improving fiscal discipline, even as broader debt levels from other creditors may persist.

Exam Relevance
  • Topic: April 2025
  • Subtopic: Current Affairs - April 2025
Submitted by: mcqstutor Team More Current Affairs MCQs →

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