Foreign Debt News Today

The Deputy Senate President, Barau Jibrin, who presided over most of the plenary sessions in the past week, accused the governors of diverting local government allocation to personal use.

The Senate has approved President Bola Tinubu ‘s loan request amounting $500 million in favour of the Bureau of Public Enterprises (BPE).

The government's foreign debt has the potential to swell in line with the projected widening of the state budget deficit.

Mattala Rajapaksa International Airport has stoked controversy since its opening in 2013

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Actions, more than pronouncements are what matter in economic management.

The Feds decision to maintain interest rates amidst a solid economy made the US dollar strengthen.

The central bank says the move will boost ‘the ongoing revival of economic activity’

Government should consider a five-year staggered payment to sort out the huge pending bills.

For every Sh100 Kenya collects in taxes, about Sh40 goes into the payment of interests.