debt repayment,debt-to-GDP ratio,Domestic Debt Stories
Constitutional commissions such as the National Land Commission, the Salaries and Remuneration Commission, and the Commission on Revenue Allocation wi...
The document reveals that the government secured 18 new loans from both bilateral and commercial creditors during the four months.
In its latest assessment of the 2025/26 budget proposals, the PBO called for urgent measures to ensure the efficient use of borrowed funds.
Delegates at the launch reiterated calls for the cancellation of unjust debts, which they argue undermine human dignity and hinder sustainable develop...
The paper said 18.6% of the country's domestic debt will mature by June 2025, mainly due to short-term debt falling due.
The IMF's role in Ethiopia's debt overhaul has come under criticism from some quarters, including from World Bank staff, who questioned the conclusion...
The new provisions aim to curb exploitative practices in the microfinance sector, offering enhanced safeguards for borrowers and guarantors.
All payments are centralised through the National Treasury, with ministries submitting invoices for international obligations.
China received more in debt payments than multilateral lenders, including the World Bank and the African Development Bank.
State agencies in the Ministry of Roads and Transport are the largest contributors to the pending bills crisis, with debts totalling Sh173.7 billion.
The current public debt currently stands at 67 per cent of GDP, amounting to Sh10.79 trillion as of September 30, 2024, a sharp increase from Sh10.58...
Last month, Ethiopia and IMF agreed on the second review of a $3.4 billion financing programme.
With international cooperation and a commitment to reforms, Somalia is poised to rebuild its economy and improve the lives of its citizens.
Kenya’s debt service costs on external debt more than doubled in 2023, rising from Sh403 billion to Sh839 billion. This sharp increase was attributed...
The report emphasised the urgency of accelerating structural reforms, particularly in light of Kenya’s fiscal constraints.
Kenya has managed to stabilise its foreign exchange rate, boost hard currency reserves held by the Central Bank and lower inflation this year.
Principal repayments exceeded Sh500 billion in the past year alone, highlighting Kenya's growing debt burden.
