KK economics: Trading cheaper for expensive debt
The silver lining is that the bond has halted the freefall of the shilling against the dollar.
Source: nation.africa
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I'm not voting - Opinion - Business Recorder
None of the top politicians and political parties making promises about free houses and hundreds of electricity ...
Source: brecorder.com
External public debt up Sh450bn as shilling loses value against major currencies
The external debt stock stood at Sh5.89 trillion by the end of November, up from Sh5.4 trillion in June 2023.
Source: nation.africa
IMF warns of Maldives foreign debt crisis, after China borrowing
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".
Source: yahoo.com
IMF raises red flag on Maldives' debt crisis amid China borrowing
On Wednesday, the International Monetary Fund (IMF) cautioned that the Maldives, a strategically positioned nation in the Indian Ocean, faces a significant...
Source: dailysabah.com