Sentences with phrase «excessive borrowing»

"Excessive borrowing" refers to borrowing or taking on too much debt or loans, beyond what is considered reasonable or affordable for an individual or organization. It means borrowing more money than one can realistically pay back, which can lead to financial trouble and difficulties in meeting obligations. Full definition
Another danger comes from excessive borrowing at a later age.
At the same time, Bank of Canada Governor Stephen Poloz has signalled rates in this country aren't likely to change for some time, as the bank juggles the risk of excessive borrowing by Canadians against that of sluggish inflation.
Speaking to a gathering at Anum in the Eastern region during the campaign tour of New Patriotic Party (NPP) flagbearer Nana Akufo - Addo, Mr Atta Akyea said the unbridled hardship brought on Ghanaians coupled with excessive borrowing under the Mahama administration is making people think of a change of government including members of the NDC.
In this environment, raising interest rates in order to reign in excessive borrowing — as recently hinted at by Bank of Canada Governor Mark Carney — might serve only to nudge the economy back into recession.
Dr. Bawumia said such excessive borrowing and the subsequent mismanagement of the economy, is to blame for the increasing levels of unemployment.
Little wonder Epic, to meet its huge excessive borrowings, is cutting its losses and selling the DBNGP.
Or, if you look at the 2000 period, you had excessive borrowing against various corporate vehicles that were inflated or earnings projections that were inflated and the thing melted down.
Meanwhile, outside of the United States, China began issuing directives in 2017 directly targeting risky financial practices such as excessive borrowing and speculation in equities.
Dr. Bawumia, who has constantly lambasted the government's excessive borrowing explained that, «in terms of the of the dollar equivalent of the borrowed amount, this government has borrowed some 39 billion dollars in eight years.
The Uhuru administration has been accused excessive borrowing, with an estimate that it has borrowed much more than the accumulative amount borrowed by all past governments since independence.
We are still in the energy crisis and he didn't say anything about it only to be mentioning excessive borrowing; to redeem what?»
China intensified its efforts this year to contain risks coming from a long stretch of excessive borrowing, but concerns continued to mount when the country's debt didn't stop climbing.
«One thing we do know is that over the course of the years we have had some macroprudential changes to how this system works and we are comfortable those changes have done a lot to make sure the most fragile or the most vulnerable of those in that borrowing space are in effect being protected or have been prevented from excessive borrowing,» he said.
He said this as he rejected claims from the opposition NPP that his government is plunging the country into an economic crisis with excessive borrowing.
In the end, it was the excessive borrowings that proved the company's undoing.
China intensified its efforts in 2017 to contain financial risks after years of excessive borrowing
The 2012 vice presidential candidate of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia has stated that Ghana's excessive borrowing has put the country's oil discovery in danger.
The running mate of the NPP flagbearer, Dr Mahamudu Bawumia has accused the NDC of excessive borrowing that does not match developmental projects in the country.
The PM went after him on Labour's «excessive borrowing» plans.
Your excessive borrowing caused this mess.
The PNC Presidential nominee promised to reduce government's excessive borrowing from the Central Bank which in his estimation has skyrocketed banks interest rates.
Gambling, extravagant spending, or excessive borrowing and use of credit cards are examples of dissipation.
Previous recessions have often damaged the reputation of emerging market countries, generally based on some combination of runaway inflation, excessive borrowing, or political upheaval.
Given all that, Mr. Morneau is left with few effective tools to curb high prices and excessive borrowing, beyond coaxing buyers and lenders to behave.
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