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Nigeria’s debt service payments decreased from $540 million in January to $276 million in February 2025, as reported by CBN. This drop indicates successful debt restructuring efforts amidst rising Letters …
Nigeria’s Debt Service Payments Decrease Amid Trade Financing Recovery Read More
Argentina achieved a primary fiscal surplus of 1.177 trillion pesos ($1.10 billion) in February, while the public sector recorded a surplus of 310.73 billion pesos. These developments are part of …
Argentina Reports Primary Fiscal Surplus in February Read More
Kenya is set to negotiate a new lending agreement with the IMF after halting the current review due to economic strain from high debt-servicing costs. A formal request has been …
Kenya Initiates New IMF Negotiations Amid Economic Struggles Read More
Professor Peter Quartey has criticized Ghana’s borrowing over the past two decades for failing to stimulate investment and economic growth, with funds primarily used for salaries instead. He advocates for …
Ghana’s Heavy Borrowing Fails to Stimulate Economic Growth: Insights from Professor Quartey Read More
Professor Peter Quartey highlights that despite Ghana’s considerable borrowing over the past two decades, the anticipated investment and economic growth have not materialized. He emphasizes the need for a legislative …
Ghana’s Heavy Borrowing Fails to Yield Expected Investment and Growth Read More
The Central Bank of Nigeria reported a foreign debt service expenditure of $5.47 billion from January 2024 to February 2025 and a modest increase in foreign remittances to $180.03 million. …
CBN Reports $5.47 Billion Spent on Foreign Debt Service in 14 Months Read More
The yield on Brazil’s 10-year government bond has dropped to 14.7%, following a significant decrease in gross public debt to 75.3% of GDP. A primary surplus of R$104.1 billion in …
Brazil’s 10-Year Government Bond Yield Declines to 14.7% Amid Fiscal Improvements Read More
Brazil’s proposed 2025 budget includes an additional R$300 million for CONAB and R$148 million for EMBRAPA to enhance food reserves and agricultural research, respectively. However, these amounts fall short of …
Brazil’s Proposed Budget Enhancements for CONAB and EMBRAPA in 2025 Read More
In January, Brazil’s gross debt-to-GDP ratio fell to 75.3%, below forecasts. The decline was driven by net debt redemptions and GDP growth, alongside a public sector primary surplus of 104.096 …
Brazil’s Gross Debt-to-GDP Ratio Declines Unexpectedly in January Read More
Brazil achieved a nominal budget surplus of BRL 63.7 billion in January 2025, surpassing expectations and increasing significantly from the previous year. This marks the first surplus in a year …
Brazil Achieves Larger Than Expected Budget Surplus in January 2025 Read More