Debt

A Banco de la República indicator shows Colombian debtors allocate 41.7 percent of monthly income to bank loan payments. The figure exceeds the average of the past five years.

May 08, 2026 Reported by AI

Deputy Adriana Ventura submitted a request to the finance minister seeking details on the recently launched Desenrola Brasil 2.0. The lawmaker questions the outcomes of the original 2023 version.

Budget Controller Margaret Nyakang’o has warned that Kenya risks defaulting on Sh3.32 trillion in foreign debt due within a year without urgent action. She said proposals to cut spending and boost revenue have been ignored by Treasury officials. This could undermine funding for health, education and security services.

March 27, 2026 Reported by AI

Several government buildings and state-owned entities in Johannesburg lost power after the city cut their electricity for unpaid bills exceeding R1.4 billion. Mayor Dada Morero stated the move has the Gauteng Premier's approval to recover the debt.

Argentina's country risk, measured by JP Morgan, closed at 506 basis points on February 11, 2026, following January's 2.9% inflation data. The indicator shows relative stability amid stock market declines and analysis of persistent inflation. The market exhibited volatility, with the S&P Merval dropping 1.4%.

February 03, 2026 Reported by AI

According to S&P Global Ratings, Kenya is among African countries facing debt pressures that could weaken local currencies. External debt repayments across the continent are set to exceed USD 90 billion in 2026. This surge may intensify pressure on the Kenyan shilling, currently trading at around Ksh129 per US dollar.