The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The government borrows to pay for services like salaries, pensions, debt and other obligations. [iStockphoto]
Debt is the oil of capitalism, and governments are in it too.
The US government, just like ours, is debating raising the debt ceiling, making it an absolute figure, not a percentage of gross domestic product (GDP).
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