Higher principal and interest payments pushed the country’s external debt service burden to post a double-digit increase in 2024, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.

THE COUNTRY’S external debt service burden jumped to $17.16 billion in 2024, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP). Central bank data showed debt servicing on ...

Government’s plan to re-enter the domestic bond market in 2025 carries significant risks if not aligned with maturing debt obligations, particularly the looming 2028–2029 maturities, say financial ...

Finance Minister John Mbadi, addressing a gathering on the government’s debt management strategy, outlined the ambitious target of lowering the debt-to-GDP ratio to 52.8% by the 2027/28 fiscal year, ...

The report underscores that with strategic reforms and a commitment to modernization, Morocco has the potential to ...

Kenya plans to cut its debt to below 55% of its GDP in the next two years, Finance Minister John Mbadi said on Wednesday, as the government awaits the outcome of its request for a new International ...

“The government’s debt reached Sh97.35 trillion as of June 30, 2024, which is an increase of 18.36 percent from the previous ...

Morocco’s economy is projected to grow at 3.6% in 2025, up from 3.2% in 2024, according to the World Bank’s latest economic ...

Across the 38-member organisation, interest payments on government debt are swallowing an ever-greater portion of government ...

The Moroccan economy demonstrated resilience and positive trends in 2024 despite facing significant challenges. Recent ...

Government debt remains a pressing economic challenge for many African nations, with some countries grappling with alarmingly ...