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

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