Tag: debt

How Did Barbados, Sri Lanka and Tanzania Become the First Winners of the Commonwealth Public Debt Management Awards?

Business & Trade Roshan Abayasekara -
Debt managers from Barbados, Sri Lanka & Tanzania have won the inaugural Commonwealth Public Debt Management Awards in recognition...

The Real Cost of PIA: How Debt, Capital Commitments and Fine Print Changed the Sale Price

Travel Asanga Divulweva -
Trustworthy information regarding how much PIA costs has now been posted online, with the question being asked across the...

Debt, Climate, Conflict: The Commonwealth Sounds the Alarm on a Fractured World

News from the Commonwealth Secretariat Wasana Nadeeshani -
(Commonwealth)_ At a major Commonwealth summit in London, world leaders, both current and former, came together to call for...

The Bahamas Sets New Standard in Public Debt Management Reform

Commonwealth Organisations Piumi Fernando -
Effective public debt management has emerged as a crucial issue for many governments as states increasingly seek to fund...

UK National Debt Tops 100% of GDP: What’s Driving the Surge and How the Government Plans to Respond

Europe admin -
(Commonwealth_UK) The United Kingdom has reached a significant fiscal milestone, with public sector net debt officially exceeding 100% of...

Foreign investors infuse Indian equities

Asia admin -
During the first week of July, Foreign portfolio investors (FPIs) have injected more than Rs 7,900 crore into the Indian...
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Paradise on the debt crisis

Asia Sarojini P -
The Maldives (Commonwealth Union)_ Fitch Ratings expressed concern over the Maldives' economic stability, warning of potential debt troubles and...

Importance of debt financing for African businesses

News from the Commonwealth Secretariat Suraj Atapattu -
Africa (Commonwealth) _ Africa's economies are driven by small and medium-sized businesses (SMEs). According to the World Economic Forum,...

Australia’s Economic Future Report Unveiled?

Pacific Piumi Fernando -
Get ready, Australia, because a significant report is about to hit the scene and give you a sneak peek...

China denies hacking the Kenyan government Amidst mounting debt.

Africa Warsha De Silva -
AFRICA ( commonwealth union ) _ The Chinese embassy in Kenya has refuted the allegations made in a Reuters...

How do you get the most out of BNPL schemes without finding yourself in a pile of debt?

Money Veronica Elishya -
WELLINGTON (CU)_Amid the COVID-19 pandemic, a significant number of consumers in New Zealand, particularly those with tight finances, increasingly...

Government contemplates regulating latest form of consumer debt

Money Veronica Elishya -
WELLINGTON (CU)_ Over half a decade ago a new way to pay, called buy now, pay later (BNPL), swept...

A rare net repayment of mortgage debt

Business & Trade Veronica Elishya -
LONDON (CU)_In June this year, the number of homes which changed hands in the United Kingdom surged to the...

A trillion dollar consumer debt due to a rise in…

Business & Trade Michael Alfonsia -
TORONTO (CU)_Despite government financial support received during the pandemic, the global health crisis has changed the debt profile of...

Pakistan’s Public Debt to GDP Remained Unchanged-IMF

Asia Michael Alfonsia -
Despite Pakistan’s success in overcoming the global pandemic and succeefully reviving its economy with an expected economic growth nearly...

Canada’s rising household debt

Features Michael Alfonsia -
Though Canadian household debt has not become a crisis or may not ever become a crisis, professionals expressed concern...