By Ernest Bako WUBONTO The economy is collecting barely one-third of the tax revenue it should, a new study has revealed – exposing a severe domestic revenue mobilisation crisis that is fuelling debt ...
American households are carrying more debt than ever, and the typical balance is now large enough to rival a starter home in ...
The Institute of International Finance said total debt reached $345.7 trillion by the end of September, equivalent ‍to about 310% of global GDP, a ​relatively steady ratio since mid-2022. A softer U.S ...