Public Debts News Today

Centre accounts for 60% of the countrys debts, hence the premise that borrowings of the States can destabilise the economy is exaggerated, Kerala said.

Governance

The budget deficit is a major vulnerability, which cannot be maintained indefinitely, and for its correction it is necessary, among other things, to give up fac...

The state budget revenue stood at 875.8 trillion VND (37 billion USD) in the first half of 2023, equivalent to 54% of this year’s target, reported the Ministry of Finance (MoF).

The outgoing Governor of Kano State, Dr Abdullahi Ganduje, on Monday handed over the state administration to his successor, Malam Abba Yusuf, including N241 billion debts. The event took place at the Government House, Kano. Ganduje was represented at the occasion by the Secretary to the State Government, Alhaji Usman Alhaji, who said his principal

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Thursday in Abuja expressed concerns over Nigeria’s N77 trillion public debt. Addressing the 7th triennial national delegates’ conference of the association, its president, Mr Festus Osifo, said the debt profile as at the first quarter of 2023 was mind-blowing. He noted that poor

As of late October, the Vietnamese Government paid back VND 240 trillion (US$ 10.5 billion) in loans it owed domestically and internationally, according to the Ministry of Finance.

Members of the National Assembly (NA)'s Standing Committee offered their opinions on a Government report on the implementation of thrift practice and wastefulness prevention in 2021.

A European Debt Agency could greatly help in implementing a new fiscal policy strategy in Europe. This column identifies fluctuations in bond prices over the past 20 years that such an agency could have prevented, and argues that the agency could absorb the entire euro area debt while reducing its size due to less volatile price dynamics. A European Debt Agency could be used

The question clearly implied the perceived captive Chinese debts linked to key infrastructure projects in the country.