Starting more than two decades ago, the World Bank, in partnership with the International Monetary Fund (IMF) and the international community, has worked with developing countries to reduce their debt ...

The International Debt Report (IDR) is a longstanding annual publication of the World Bank featuring external debt statistics and analysis for the low- and middle-income countries that report to the ...

The federal government was once again teetering on the brink of default this summer, leading to headlines buzzing about the debt ceiling. But you might be wondering what the debt ceiling actually ...

Debt-to-income (DTI) ratio compares your recurring monthly debt payments against your monthly gross income, expressed as a percentage. Debt-to-income (DTI) ratio compares your recurring monthly ...

Federal Reserve Chair Jerome Powell said the central bank would leave its benchmark interest rate unchanged, adding that now is the time to “wait for further clarity.” Photo: Roberto Schmidt ...

Long an anachronism of American politics, the debt ceiling is back front and center on Capitol Hill as lawmakers grapple with trying to pass a budget. President-elect Donald Trump threw a monkey ...

The federal government could default on its debt as soon as July, a new forecast from the Bipartisan Policy Center warns, raising pressure on Congress for action. The prominent think tank forecast ...

At its current rate of borrowing, the country’s debt as a share of the economy will reach 118% in 2035, the Congressional Budget Office said on Thursday. By Tony Romm As President Trump and his ...

The US could breach the debt ceiling sometime between mid-July and October if Congress does not act, according to the Bipartisan Policy Center. The Treasury Department has been using accounting ...

Debt service costs as a percentage of GDP for the 38 OECD countries climbed to 3.3 per cent in 2024, a sharp rise from 2.4 per cent in 2021, according to the group’s Global Debt Report on Thursday.