TOKYO (Reuters) -Japan's finance ministry is planning to request a record $220 billion for debt-servicing costs in next financial year's budget as the world's No. 4 economy faces rising interest rates ...
The Nigeria Extractive Industries Transparency Initiative has issued a policy-backed caution on what it describes as a “silent fiscal emergency” quietly undermining the economic stability of Nigeria’s ...
THE government's debt servicing charges rose to about 16% at the end of last year, says Deputy Investment, Trade and Industry ...
Growing corporate debt, the never-ending construction of Rogun, and lack of debt management transparency from the government add to the fiscal pressure on the country’s budget.
Kenya’s debt servicing costs jumped 44.1 percent in the first half of the current financial year, increasing pressure on public finances as repayments consumed more than 80 percent of all taxes ...
The amount of funds the federal government has spent on servicing debt has continued its meteoric rise as about N6.16 trillion was spent on the exercise in the space of 16 months. The report which ...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has warned that unsustainable debt servicing at the state level is quietly eroding the fiscal capacity needed to deliver essential ...
Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Debt can be a significant source of stress. For example, ...
Zimbabwe's public debt servicing crisis has had far-reaching consequences for the country's healthcare system. With a significant portion of the national budget dedicated to debt repayment, the ...
CFG Advisory has warned that the fiscal gains from Nigeria’s fuel subsidy removal have been fully absorbed by debt servicing, ...
Nigeria’s fragile economic recovery is at risk of losing momentum as high interest rates, heavy debt servicing, and weak budget execution continue to squeeze businesses and households, the Lagos ...