Page 2 - Foreign Debt News Today

The silver lining is that the bond has halted the freefall of the shilling against the dollar.

None of the top politicians and political parties making promises about free houses and hundreds of electricity ...

The external debt stock stood at Sh5.89 trillion by the end of November, up from Sh5.4 trillion in June 2023.

The strategically-placed Indian Ocean nation of the Maldives, which has borrowed heavily from China and shifted allegiance from India, is at high risk of "debt distress," the IMF warned Wednesday."The Maldives remains at high risk of external and overall debt distress".

On Wednesday, the International Monetary Fund (IMF) cautioned that the Maldives, a strategically positioned nation in the Indian Ocean, faces a significant...

Ruto is now implementing measures he vehemently opposed when Uhuru proposed them.

Despite higher taxation, the country has so far missed its revenue targets.

Bank Indonesia (BI) recorded the countrys foreign debt as of November 2023 stood at US$400.9 billion or Rp6,230 trillion, a two-percent year-on-year

President Joko Widodo or Jokowi stated that Indonesias foreign debt is still below 40 percent of gross domestic product or GDP.

Presidential candidate number 1 Anies Baswedan said he believes that a more creative scheme is needed to obtain foreign debt.