Major global central banks are ramping up purchases of euro zone government bonds, banking sources say, enticed by rising yields, a buoyant single currency and an uncertain outlook for U.S.…
In the midst of the on-going disruption in the normal functioning of economic transactions following the revenue raising measures introduced in the 2019/20 budget and the continuing confusion and uncertainty…
Some of the world’s biggest investors are staying away from France’s government debt, feeling underpaid to take on exposure to its deteriorating public finances. France’s budget deficit came in well…
The International Monetary Fund (IMF) urged sub-Saharan African policymakers last week to cut costly fuel subsidies and raise more in taxes, measures that may be hard to implement as governments…
China’s push to revive the economy this year by increasing infrastructure spending while warding off financial risks is facing headwinds from massive local-government debt, which is more than $9 trillion…
Efforts to clean up Turkey's bad debt have stalled after bankers rejected or put on hold initial plans, according to people familiar with the matter, frustrating the country's attempts to…
One of the most worrying aspects of economic mismanagement is sharply deteriorating public finances. However, the government does not seem to realise the gravity of the situation and continues to…
One of the most worrying aspects of economic mismanagement is sharply deteriorating public finances. However, the government does not seem to realise the gravity of the situation and continues to…
The government debt outstanding is the debt that is to be serviced out of the Federal Consolidated Fund plus the debt with the IMF. It stands at Rs 75,042 billion…
Pakistan today is one of the Asian countries with a relatively high level of public debt in relation to the GDP. As of the end of 2023-24, public debt was…
