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IMF predicts Trump tariffs could drive public debt to postwar high
Vítor Gaspar, the director of the IMF’s fiscal affairs department, said the fund’s current worst-case scenario — with public debt rising from 92.3 per cent of global output to 117 per cent by 2027 — could even prove too optimistic if trade tensions intensify.
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Rising Global Debt Requires Countries to Put their Fiscal House in OrderAmid heightened uncertainty, policymakers will need to deal with complex trade-offs between debt, slower growth, and new ...
The nonpartisan Congressional Budget Office (CBO) recently released its long-term budget outlook and showed that budget deficits are on track to widen in the years ahead, pushing the national ...
It found that US debt held by the public could soar above 200% of GDP by 2047 and 250% by 2054, assuming the higher debt burden also puts more upward pressure on borrowing costs. Making ...
The prestigious British weekly magazine highlights the resurgence of the so-called PIIGS ... the GDP per capita is not growing at the same pace as the overall economy. Also, deficits and debt ...
Government sets primary surplus target of 0.25% of GDP for 2026 Target to reach 1.25% of GDP by 2029, markets skeptical Gross debt-to-GDP ratio is expected to keep rising despite this BRASILIA ...
The Congressional Budget Office said on Thursday that the US’s debt-to-GDP ratio would reach 107 per cent during the 2029 fiscal year — exceeding the 1940s era peak — and continue rising to ...
The CBO’s latest long-term budget and economic outlook report — for a timeframe that spans 2025 to 2055 — projects publicly held debt to reach 156% of gross domestic product, or GDP ...
The debt load reached 76.2% of gross domestic product (GDP), up from 75.7% in January, in line with economists' projections in a Reuters poll. Under the methodology used by the International ...
The Federal Debt to GDP Ratio in 2023 was 64.3%, up from 60.2% in 2022. "Guarantee Commitments also increased by RM3.288bil or 1.5% to RM227.404bil compared to RM224.116bil in 2022," the report ...
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