Tag: Public Debt
-
Curious case of Tamil Nadu: debt numbers tell a different story
Introduction: A numbers story that needs context A recent social media post by a Congress colleague claimed that Tamil Nadu’s debt trajectory is alarming. Headlines often latch onto big numbers, but raw figures rarely tell the full fiscal story. To understand Tamil Nadu’s debt responsibly, we need to examine the components behind the numbers: what…
-
Tamil Nadu’s Debt Numbers: Are We Reading the Story Wrong?
Introduction: The debate over Tamil Nadu’s debt figures A recent post by a Congress party colleague has sparked a broader debate about Tamil Nadu’s public debt. The central claim — that the state’s debt is alarming — has been echoed in social media and some commentaries. But as with many fiscal numbers, the context matters.…
-
Japan’s Record Budget: A Delicate Balance Between Growth and Debt Discipline
Introduction: A Historic Budget for a Complex Economy Japan’s cabinet approved a record-breaking budget of 785 billion dollars for the upcoming fiscal year, signaling a continued push for proactive fiscal policy while pledging to keep debt under control. Led by Prime Minister Sanae Takaichi, the government faces a familiar dilemma: use large-scale spending to stimulate…
-
BoJ Set to Raise Benchmark Rates to 1995 High Once More
Overview: A Historic Move Ahead The Bank of Japan (BoJ) is widely expected to raise its key policy rate on Friday, pushing the benchmark to levels last seen in the mid-1990s. Guided by Governor Kazuo Ueda, policymakers are weighing the necessity of cheap government financing against the risks of currency depreciation and inflation dynamics that…
-
Brash but popular: Indonesia’s new finance minister Purbaya draws praise and wary glances from investors
Introduction: A high-profile arrival at Indonesia’s finance helm Two months into his term as Indonesia’s finance minister, Purbaya Yudhi Sadewa has become one of the country’s most talked-about economic figures. His tenure has been marked by audacious policy shifts intended to stimulate growth and restore momentum to a post-pandemic economy. The public has responded with…
-
Kenya’s Rising Public Debt Strains Workers’ Payslips
Overview: A nation borrowing to finance growth Kenya’s public debt is climbing toward the Sh12 trillion mark, and the ripple effects are increasingly felt on workers’ payslips. The government has leaned heavily on borrowing to fund infrastructure, social programs, and subsidies in a bid to stimulate growth. While debt can spur development, the immediate consequence…
-
Kenya debt crisis: Rising debt hits workers’ payslips
Overview: Kenya’s mounting debt and the wage burden Kenya’s public debt is escalating, with the total inching toward the Sh12 trillion mark. For many workers, the growing drag on the budget is not just a macroeconomic statistic; it is a tangible squeeze on take-home pay. The government has leaned on borrowing to plug financing gaps,…
-
Kenya’s Debt Strain Hits Workers’ Payslips and Wages
Introduction: A debt burden touching everyday pay Kenya’s public debt is climbing toward the Sh12 trillion mark, a level that policymakers say is necessary to fund development. But as borrowing accelerates, ordinary workers are feeling the consequences. From higher taxes and levies to slower wage growth, the strains on the public purse reverberate through payslips,…
-
Pakistan’s Public Debt Reaches Record Rs80.5 Trillion: What It Means for the Economy
Overview: A Record-Breaking Debt Level Pakistan’s public debt rose to a new high of Rs 80.5 trillion by the end of June 2025, according to a written reply from the Finance Ministry to the National Assembly. The disclosure, submitted in response to a query by lawmaker Asif Khan, underscores the continuing fiscal challenges facing the…
-
Pakistan’s Public Debt Reaches 80.5 Trillion Rupees: What It Means for the Economy
Overview: A Record Public Debt Pakistan’s public debt rose to an all-time high of 80.5 trillion rupees by the end of June 2025, the Finance Ministry told the National Assembly in a written response. The figure marks a new milestone for the country’s borrowing, reflecting ongoing fiscal imbalances, higher financing needs, and the challenging macroeconomic…