Tag: debt crisis
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Kenyan campaigners decry rising pension bill for lawmakers amid economic downturn
Kenyan public finance watchdogs have decried the proposed increase in pension for retired lawmakers, saying it could burden taxpayers amid COVID-19 related economic downturn.
The...
Analysts hail Zambia for announcing measures to tackle debt crisis
Analysts on Friday commended the Zambian government for announcing measures aimed at dealing with the increasing debt crisis which has reached risk levels.
On Thursday,...
Is Zambia headed for another debt crisis?
A statement issued by a former governor of Zambia's central bank that the country's public debt has reached crisis levels has raised fears as...
Poverty reduction efforts in Africa is hindered by high debt crisis
African countries face a higher risk of failing to repay huge amounts of foreign and domestic debt, which has ballooned to 443 billion U.S....
Germany owes 278.7 billion euros in WWII reparations to Greece
Germany owes Greece about 278.7 billion euros (about 307 billion U.S. dollars) in reparations for WWII, Greek Deputy Finance Minister Dimitris Mardas said on...
