Tag: Tax collections

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Kenya’s Debt Soars to Record Levels Under President Ruto’s First Year

Kenya's debt skyrockets under President Ruto, surpassing established ceiling. Efforts to reduce borrowing and enhance tax compliance crucial for economic stability.

Indian bond yields slightly decrease as breach of key level prompts buying

Investors take advantage of breach in key technical level as Indian bond yields see marginal declines in first session of new quarter.

Uttar Pradesh’s Debt to Cross Rs 7.84 Trillion by FY 2023-24, 40% Higher Than Previous Levels

Despite RBI predicting a decrease in state debt, UP's could reach Rs 7.84 trillion in 2023-24, up by 40%. Pandemic hit tax collections hard, accounting for over 30% of GSDP. As 2024 elections loom, the Yogi Adityanath government's populist schemes could raise the debt even further.

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Indian bond yields slightly decrease as breach of key level prompts buying

Investors take advantage of breach in key technical level as Indian bond yields see marginal declines in first session of new quarter.

Kenya’s Debt Soars to Record Levels Under President Ruto’s First Year

Kenya's debt skyrockets under President Ruto, surpassing established ceiling. Efforts to reduce borrowing and enhance tax compliance crucial for economic stability.

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