"This combination of higher costs and higher debt risks restricting capacity for future borrowing" the OECD said in a report ...

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

Debt service costs as a percentage of GDP for the 38 OECD countries climbed to 3.3 per cent in 2024, a sharp rise from 2.4 per cent in 2021, according to the group’s Global Debt Report on Thursday.

Tariffs and interest rates are among the things that can affect how much debt you take on, and how expensive it will be to ...

Kenya and the International Monetary Fund (IMF) will discuss a new lending programme and abandon the current one, as the ...

Ray Dalio said the US budget deficit needs to be cut to about 3% of GDP so that debt servicing costs will not "severely squeeze out the government's ability to spend."Dia Dipasupil via Getty ...

Missed disbursements from the International Monetary Fund complicate the Kenyan government's strategy of lowering its ...

The Organization for Economic Cooperation and Development found that debt servicing costs accounted for 3.3% of GDP across 38 member economies, a sharp increase from 2.4% in 2021. "Bond yields in ...