Tag: Public Debt
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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…
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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…
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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…
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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,…
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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,…
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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…
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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…
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Pakistan’s Public Debt Hits a Record Rs80.5 Trillion, NA Told
Overview: A Record Debt Level Revealed to Parliament Pakistan’s public debt climbed to a historic Rs80.5 trillion by the end of June 2025, according to a written reply from the Finance Ministry presented to the National Assembly. The disclosure, prompted by a question from AP-leaning legislator Asif Khan, places debt at a new peak amid…
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Uganda Parliament Approves Shs11 Trillion Loan, Debt Hit Shs127 Trillion
Uganda Approves a New Shs11 Trillion Loan In a rapid series of parliamentary sessions, Uganda’s lawmakers approved a new loan totaling roughly Shs11 trillion, marking a significant increase in the country’s public borrowing. The approval comes just days after a prior tranche pushed the total loan commitments higher, setting the stage for a public debt…
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Uganda’s Public Debt-expanding Loans: Parliament Okays Shs11 Trillion, Debt Near 127 Trillion
Overview: A Record Borrowing Sprint Uganda’s Parliament has approved a new wave of borrowing that will push the country’s public debt higher and intensify debates about fiscal sustainability. In a rapid three-day session, lawmakers authorised approximately Shs11 trillion in fresh loans. This massive influx of credit has raised concerns about debt service, fiscal space, and…