Minister of Finance, Mrs  Ngozi Okonjo Iweala

By Eromosele Abiodun

Experts have warned that it is imperative for the Federal Government to closely monitor the country’s current debt position, to ensure that it does not surpass a debt to GDP ratio of 30 per cent.
The warning came as the latest figures released by the Debt Management Office (DMO) revealed that the nation’s public debt stock is approaching the 30 per cent mark.

Available data from the DMO showed that Nigeria’s total debt stock (addition of external and domestic debts) as at December 31, 2011 stood at N6.510 trillion representing an increase of 24.37 per cent from the December 31, 2010 figure of N5.235 trillion.
A breakdown of the debt stock showed that external debt accounted for 13.64 per cent of the total debt stock at N887.95 billion, while domestic debt stock accounted for 86.36 per cent of the total debt stock at N5.623 trillion.

The total public debt stock in the country as at December 2011 is estimated at about 17.50 per cent of the GDP, as against the applicable……………. continues on THISDAY Live

When we talk about managing your financial future, that really runs the gamut. From debt management to college, wedding and business planning. From investing and tax strategies to estate planning and business succession.

Your financial life is complicated, and it’s important that all aspects of your plan be as cohesive as they are comprehensive.

This article is the first installment in a series, scheduled to be published on the last Sunday of each month, designed to help you develop and coordinate a “trust team” of professional advisers to help you manage your financial plan.

You may have an entire team of advisers — each skilled in a different capacity — so you think you’ve got your bases covered. But do they work together as a cohesive team to meet all your personal goals?

Probably not. Today, the field of financial advice is so complex that it requires in-depth understanding of the many products, tools, strategies and philosophies in each discipline and how they can work together. On top of that, the range of credentials that keep cropping up is mind-boggling.

For example, given the growing generation of seniors today, ther……………. continues on Green Bay Press Gazette

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Once уоu have one account paid off, apply thаt mont……………. continues on EQuicknews

BRUSSELS (Reuters) – Greece will need additional relief if it is to cut its debts to 120 percent of GDP by 2020 and if it doesn’t follow through on structural reforms and other measures, its debt could hit 160 percent by 2020, a confidential analysis conducted by the IMF, European Central Bank and European Commission shows.

The baseline scenario in the 9-page report, obtained exclusively by Reuters, is that Greece will cut its debts to 129 percent of GDP by 2020, well above the 120 percent target.

“The results point to a need for additional debt relief from the official or private sectors to bring the debt trajectory down,” said the report, which is being discussed by euro zone finance ministers at a……………. continues on Reuters

Redirect Notice

Are you experiencing lots of bills to repay monthly, to various creditors? Should it seem like you’re spending a lot more times paying the bills that you could be utilizing doing something different such as relaxing? Maybe a more essential consideration might be – are there credit cards or loans that appeared to be they were a great deal when you needed them out, and after this you discover that their rates have went over the top? If you do, you have to consolidate your credit card debt.

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To be able to consolidate credit card debt loans would be to combine or perhaps put together your overall financial debt thus making a completely new loan available for you to settle. This company which offers this way of solutions will shell out of your credit debt to suit your needs.<……………. continues on TRCB News

Now that President Barack Obama has treated us to a madcap budgetary joke, it’s time to get serious for the sake of national survival.

To be sure, it’s a laugh for him to act like he wants to further defund Social Security by extending payroll-tax cuts, especially when you know Social Security is already in the red, and entitlements — including Medicare and Medicaid — will take up every cent of revenue by midcentury, minus restructuring.

Real reform would justify the move, but Obama’s only nod to lowering the entitlement bill is to give less money back to hospitals and doctors for their services.

At some point, some of them go out of business, or more doctors quit treating Medicare patients or find ways to multiply procedures, getting just as much money as they did before for essentially the same work.

You cannot help snickering even as you grow eager for the joke to end.

And yet there are other parts of the joke, such as insisting we the people engage in assault and battery on that dastardly,……………. continues on News Chief

When we talk about managing your financial future, that really runs the gamut. From debt management to college, wedding and business planning. From investing and tax strategies to estate planning and business succession.

Your financial life is complicated, and it’s important that all aspects of your plan be as cohesive as they are comprehensive.

This article is the first installment in a series, scheduled to be published on the last Sunday of each month, designed to help you develop and coordinate a “trust team” of professional advisers to help you manage your financial plan.

You may have an entire team of advisers — each skilled in a different capacity — so you think you’ve got your bases covered. But do they work together as a cohesive team to meet all your personal goals?

Probably not. Today, the field of financial advice is so complex that it requires in-depth understanding of the many products, tools, strategies and philosophies in each discipline and how they can work together. On top of that, the range of credentials that keep cropping up is mind-boggling.

For example, given the growing generation of seniors today, there’s a whole……………. continues on Green Bay Press Gazette