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Nigeria’s public debt-to-GDP ratio dropped to 39.4 per cent in the first quarter of 2025 following the successful rebasing of the country’s Gross Domestic Product by the National Bureau of Statistics.
Treasury secretary-general Datuk Johan Mahmood Merican said the country's fiscal consolidation efforts are bearing fruit, ...
Many countries currently have public debt-to-GDP ratios exceeding 60% without facing repayment difficulties. For instance, Japan has the highest public debt-to-GDP ratio in the world at around 260%.
According to the World Bank Country Director Qimiao Fan, over 86 per cent of Kenya’s expenditure is used to finance the high ...
The FTSE Debt Capacity World Government Bond Index captures relative differences in sovereign debt/GDP ratios and ...
The World Bank’s Double Dividend report outlines how Brazil can simultaneously stabilize its public debt and cut greenhouse ...
Nigeria’s economy is about 30 per cent larger than previously thought after the west African nation updated the method by which GDP is calculated, the first rejigging of its statistical model in more ...
Nigeria’s public debt-to-GDP ratio dropped to 39.4% in Q1 2025, following the successful rebasing of the country’s Gross Domestic Product ...
As of June 2024, the debt-to-GDP ratio of the U.S. national debt was 123%. That means the debt is about the same as all the money generated by all the work everyone in the country did for 15 months.
The U.S. tax and spending bill passed on July 3 is expected to add more than $3 trillion to the country’s deficit over the next decade. If the current debt trajectory continues unabated, it could set ...