Day: August 12, 2019

What is The Paris Club?

12th August 2019

What is The Paris Club? The Paris Club is a group of people (read officials) representing a number of countries which give out loans. Their mandate is to formulate sustainable solutions to the countries struggling to pay their debts. After borrowing countries “debtor countries” start reforms to stabilize their financial situation, The Paris Club gives […]

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5 ways to finance public budget deficit 

12th August 2019

5 ways to finance public budget deficit  Budget deficit is when a government is spending more that it can raise in revenues over a specific period of time.  There are various strategies of financing government deficits:  a) Borrowing from the domestic and foreign money markets;  This happens through issuing of treasury bonds, bills and securities. […]

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