An analysis of data from the public debt reports released by the Debt Management Office, said the rise was 14.57 per cent higher than the N10.01tn recorded in December 2023.
The total debt of states has risen to N11.47tn as of June 2024 despite higher allocations from the Federation Account ...
Foreign currency withdrawals made by the government to pay some of its offshore debts trimmed the Philippines’ international ...
National debt increases when governments suffer the steadily appearing deficit in the budget, which persists if spending ...
When you ask a politician, regardless of political party, why they do not campaign for policies to reduce the national debt, ...
But as the United States’ use of sanctions has proliferated in recent years, concerns have grown in China and elsewhere over ...
Global public debt may soon collectively catch up to the worldwide gross domestic product (GDP), likely matching it by 2030.
From N87.4 trillion in September last year, Nigeria’s debt profile surged by about N47 trillion in one year, a debt ...
The government is set to buy back $210 million worth of bond notes from the foreign market through a loan facility with Standard Chartered Bank, said to be a debt-for-nature ...
Romania has completed its international borrowing for this year and plans to reduce sales of foreign debt through 2026, a senior official said. The Black Sea nation wants to tap the domestic ...
Ethiopia plans to issue 900 billion birr ($7.4 billion) of bonds to settle debts owed by several government-owned enterprises ...
China has unveiled an ambitious plan to relieve public debt, aiming to turn local governments away from belt-tightening practices that have exacerbated a domestic downturn.