The U.S. national debt surpassed $38 trillion for the first time this week, growing at a record pace driven by spending ...

The Nigeria Extractive Industries Transparency Initiative has issued a policy-backed caution on what it describes as a “silent fiscal emergency” quietly undermining the economic stability of Nigeria’s ...

TOKYO (Reuters) -Japan's finance ministry is planning to request a record $220 billion for debt-servicing costs in next financial year's budget as the world's No. 4 economy faces rising interest rates ...

Pensions and debt dominate Chicago’s spending increases, crowding out core services. Without reform, rising obligations will ...

The Nigeria Extractive Industries Transparency Initiative (NEITI) has warned that unsustainable debt servicing at the state level is quietly eroding the fiscal capacity needed to deliver essential ...

Nigeria has spent almost 150% of its monthly revenue on debt servicing, according to data from the CBN report This is troubling news for the nation, as it could imply resorting to more borrowing to ...

Nigeria’s recurrent debt profile overshot government projections by a staggering N1.63 trillion in the fourth quarter of 2024. This is ...

South Africa’s central bank Governor Lesetja Kganyago emphasized the benefits of a lower inflation goal, saying it could save ...

MOSCOW (Reuters) -Russia's debt-servicing costs will rise by 22.5% in 2026 from this year, reaching 8.8% of the total budget expenses, due to an increase in borrowing and high interest rates, Finance ...

Uganda Debt Network says the country's public debt, currently at Shs116 trillion, translates to each Ugandan citizen paying a ...

Senegal has raised its projections of debt service payments by about 3.2 trillion CFA francs ($5.8 billion) for the next ...