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Samoa Observer | Tonga walks a tightrope on its Chinese debts

Tonga’s debt burden is set to balloon over the next five years as the deadline looms on loans from China. Repayments will see the country’s debt burden rise to among the highest in the world. Only Bhutan, Laos and Djibouti will devote a greater share of national income to servicing bilateral debt...
Australian Capital Territory Hunga Haapai International Monetary Fund Tongan Ministry Hunga Tonga Ha Apai Sinking Fund

AC creates CSF, GRF for meeting liquidity challenges

JAMMU: To meet the fiscal challenges and liquidity constraints, Administrative Council which met here under the Chairmanship of Lieutenant Governor, Manoj Sinha approved constitution of the Consolidated Sinking Fund (CSF) and the Guarantee Redemption Fund (GRF) for meeting contingent liabilities of the Government with an initial corpus of Rs. 30.00 Crores for each Fund. Rajeev Rai Bhatnagar, Advisor to the Lieutenant
Jammu And Kashmir Manoj Sinha Mandeep Kumar Bhandari Rajeev Rai Bhatnagar Atal Dulloo Redemption Fund

Target of $6,730,000 in revenue from fiscal measures for 2024

This year, the government of St Vincent and the Grenadines is hoping to yield $6,730,000 more in revenue from fiscal measures which are included in the 2024 National Budget. In his Budget presentation on Monday, January 8, Minister of Finance, Camillo Gonsalves said this year’s fiscal measures are aimed at “enhancing revenue collection.” According to the minister, Budget 2024 has a total resource requirement of $1.62 billion. This represents an...
Camillo Gonsalves World Bank National Budget Airport Service Recurrent Expenditure Sinking Fund

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NDC predicts difficult 2024 filled with economic hardships but says NPP Government's exit gives hope

The National Chairman of the National Democratic Congress (NDC), Johnson Asiedu Nketia on Monday predicted harsh economic challenges for Ghanaians in 2024 but said there is hope as the non-performing New Patriotic Party (NPP) government nears the end of its term.
Central Region Eastern Region Ghana General Volta Region Western Region John Mahama

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