Posts Tagged ‘Kenya’
Debt and Monetary Dynamics of Developed vs Developing Nations: Lessons of Singapore and Reflections on Economic Strategies for Kenya and other Developing Nations
It’s fascinating to learn that Singapore’s debt primarily finances long-term infrastructure projects and boosts liquidity in the bond market, rather than covering budget deficits like many other countries, both developed and developing. I came across a video that discusses Singapore’s so-called high foreign debt. Interestingly, this debt stems from foreign deposits in Singapore’s robust and…
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