Tag: Borrowing
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Kenya says negative credit ratings hurt chances of borrowing from sovereign debt market
Negative ratings by global credit agencies have hurt Kenya's chances of attracting cheaper loans from international markets, the National Treasury said in a report...
We have not been reckless in borrowing and spending – Prez Akufo-Addo
The President, Nana Akufo-Addo, says the Government has not engaged in reckless borrowing and expenditure over the past six years.
Rather, the current administration, he...
Fresh US$5.8 billion loan: SERAP writes Buhari, seeks moratorium on borrowing
Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “issue an immediate moratorium on borrowing by the Federal Government and the...
Private sector appeal for reduction in cost of borrowing
Stakeholders in the private sector are appealing to government to improve their access to credit by developing a long-term measure to sustain their operations...
UK public borrowing surges to new record high in August
British public borrowing surged to 35.9 billion pounds (about 45.69 billion U.S. dollars) in August, representing a new record high since 1993, as...
