Tag: debt

The Bahamas Sets New Standard in Public Debt Management Reform

Commonwealth Desk Piumi Fernando - September 29, 2024

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 Hafsah Zuhar - September 23, 2024

(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 Hafsah Zuhar - July 9, 2024

During the first week of July, Foreign portfolio investors (FPIs) have injected more than Rs 7,900 crore into the Indian...

Paradise on the debt crisis

Asia Sarojini P - June 28, 2024

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

Commonwealth Development Suraj Atapattu - October 3, 2023

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 - August 21, 2023

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

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Canadian household debt, highest in the G7

Canada and Caribbean Hafsah Zuhar - May 30, 2023

Canada housing agencies data reveals, Canada is now the highest of the G7 countries with regard to household debt....

China denies hacking the Kenyan government Amidst mounting debt.

Africa Warsha De Silva - May 25, 2023

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?

Savings & Money News Veronica Elishya - February 24, 2022

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

Savings & Money News Veronica Elishya - November 11, 2021

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

Insurance & Mortgages News Veronica Elishya - September 1, 2021

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…

Insurance & Mortgages News Michael Alfonsia - June 9, 2021

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 - June 8, 2021

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

Editorial Michael Alfonsia - March 17, 2021

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

UK debt cranks up amid political tussles

Europe Michael Alfonsia - November 20, 2020

By Chathushka Perera London, UK (CWBN)_ Political infighting has been plaguing British politics for months, in both sides of Westminster,...