UK December budget deficit exceeds forecast
UK budget deficit widened more than expected in December, driven by high debt interest payments and a one-off…
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borrowing
UK July borrowing hits £3.1b, highest since 2021
The UK government borrowed £3.1 billion in July 2024, an increase of £1.8 billion compared to the same month last…
Philippines considers $10.4b borrowings in Q2
The Philippines plans to raise up to 585 billion Philippine pesos ($10.4 billion) through treasury bills and bonds…
Egypt’s external borrowing ceiling at $16.733 bln for 2018/19
Egypt has set its external borrowing ceiling at $16.733 billion for the 2018-2019 financial year, according to a…
No need to adopt negative deposit rates, BoJ governor says
Bank of Japan Governor Haruhiko Kuroda said on Monday he saw no need to implement negative deposit rates in Japan…
World’s swelling debt calls for radical surgery
So much for deleveraging. Despite near-universal promises to reduce borrowing, global debt has escalated since the…
Adidas Net Profit Increases by 38% in Q1
Sports shoe company Adidas AG says first-quarter net profit rose 38 % to 289 million Euros, as strong sales in…
AfDB 2023