Browsing: debt

Oman has cut down its public debt to 14.5 billion rials ($36.6 billion), down from the RO15.3 billion recorded at the end of 2023.

The memorandum formalises a provisional deal reached in January with government creditors, including China and France, to restructure $5.4 billion of debt

RIYADH: Saudi Arabia’s stock exchange has approved the listing of SR45.28 billion ($12.08 billion) worth of government debt instruments submitted…

Estimations showed that medium and long-term external debt service is projected to surge by about $1.441 billion to $36.362 billion in 2024 alone

Washington is doing nothing about its deteriorating finances because there is nothing it can do without risking major upheaval

Africa is expected to become a major contributor to global growth over the coming century. But first, the continent must overcome several daunting challenges

Government debt can be a valuable tool for addressing myriad economic challenges. But it is not – and has never been – a free lunch

Billionaire financier has bought $400 million of debt owed by radio platform Audacy, which was going through a bankruptcy process

The CBE highlighted that long-term external debt reached $138.551bln by the end of December, up from $134.2bln in September

ABIDJAN: Africa’s immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries’ future growth, African Development Bank President Akinwumi Adesina said recently.