Topic
public-debt
7 stories related to this topic, newest first.
jns.orgpolitics22 hrs ago
Kenya Attorney General Seeks to Suspend Petition Challenging Sh6.9 Trillion Debt Management After Court Rejected Earlier Objection
The Attorney General filed an application in the High Court to halt proceedings in a petition challenging management of more than Sh6.9 trillion in public debt. The petition, brought by Busia Senator Okiya Omtatah, names over 20 respondents and seeks personal liability findings.
rigzone.comfinance33 days ago
Namibia Central Bank Warns Public Debt May Reach 70% of GDP
Namibia's public debt could reach 70% of GDP by the end of the current financial year without spending reforms. Officials announced new budgeting measures and called for procurement and regulatory changes.
japantimes.co.jpworld68 days ago
Malawi Sells Gold Reserves to Address Fuel Shortages
Malawi is experiencing widespread fuel shortages with most filling stations dry and long queues at those that have supplies. The government announced last week it would sell about $30 million worth of gold reserves to fund fuel purchases. Residents in urban and rural areas report…
france24.comworld70 days ago
IMF: Malawi's Debt Tops 90% of GDP Amid 16-28% Aid Drop to Sub-Saharan Africa
Global aid reductions are straining Malawi's finances, revealing longstanding economic management issues, according to the International Monetary Fund. Public debt has surpassed 90% of GDP, reaching K23.9 trillion by December. Economists highlight limited fiscal space and underfu…
The Japan Timesworld81 days ago
Greece's Public Debt Projected to Fall Below Italy's in 2026
Greece's public debt is projected to fall to about 137% of GDP in 2026, below Italy's expected 138.6%, according to senior officials and Italy's budget plan. This shift marks the end of Greece holding the euro zone's highest debt ratio for over two decades. Italy's debt is foreca…
redir.folha.com.brbusiness89 days ago
Governments Increase Emergency Spending on Energy Support Amid Debt Concerns
Several countries have implemented tax cuts and subsidies on energy to address high costs affecting households and businesses. These measures, taken in response to the war in the Middle East, have added to public debt levels. The International Monetary Fund has advised caution in…
Semaforfinance94 days ago
High Debt-to-GDP Ratios Limit Economies' Response to Energy Shocks from Conflicts
Analysts have stated that most economies face constraints due to elevated debt-to-GDP ratios stemming from the COVID-19 pandemic. These ratios reduce governments' capacity to address energy price shocks caused by geopolitical conflicts. The situation affects fiscal policy options…