To be fair, debt-to-GDP is a silly metric of fiscal space. Moody’s reckons it’s heading to 130 per cent of GDP by 2035 (light blue dashed line) but this doesn’t get in the way of their AAA rating.

Godongwana asserted that in a letter to Ramaphosa the DA accepted a 0.5% VAT hike. “The DA has sent a letter to the president accepting the 0.5% in exchange for things which are outside the budget, ...

A little strange given the tenor of the times. SIFMA’s members — big banks and brokerages – are eschewing DEI and all forms ...

People with bond and international stock funds have held their own, despite a shaky U.S. stock market and the uncertainty and ...

The committee emphasised the seriousness of the situation, noting that the escalating municipal debt affects not only Eskom’s financial stability but also the delivery of essential services to ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Cyprus' total public debt decreased to €20.92 billion as of December 31, 2024, down from €22.18 billion a year earlier, ...

Senate Republicans are racing to finalize plans to move a budget blueprint that would finally unlock their ability to move ...

Gary Stevenson, a former Citibank trader, made an unsubstantiated claim on the programme that the 36-year BBC veteran and ...

This is part of Trump’s Great American Crypto Scam, a series about the catastrophic collision between the second Trump ...

Most experts are of the view that the central bank may continue with the ‘Neutral’ stance because it can allow the RBI to act ...

The Chancellor has left herself with what the Institute for Fiscal Studies (IFS) calls a "historically slim margin" against her fiscal rules ...