In the Big, Bad, Budget Abomination, for example, there are two huge errors. The obvious one: they increased the deficit.

When Germany borrows from the international loan market, it is charged a modest interest rate of 0.8 percent per annum. The same is 2.5 percent for the US. But if one comes to the ...

The roundtable marked the release of the IMF’s 2024 Global Debt Database Vintage and the Global Debt Monitor. The discussion focused on the drivers and prospects for global debt, especially the ...

Public debt is projected to reach nearly 100 percent of global gross domestic product by the end of this decade, surpassing even pandemic-level highs. Governments, particularly those in emerging ...

The IMF's latest Fiscal Monitor projected that global public debt will grow 2.8 percentage points to 95.1% of global GDP in 2025. It said the upward trend was likely to continue, reaching 99.6% of ...

Is it a moment for alarm or for optimism about Japan’s finances? A bad election result for the ruling Liberal Democratic party this month, which raises the odds of spendthrift, populist governance, ...

WASHINGTON, April 22 (Reuters) - The International Monetary Fund must be more active in debt restructuring processes, the global lender's managing director, Kristalina Georgieva, said on Tuesday ...

The IMF's latest Fiscal Monitor projected that global public debt will grow 2.8 percentage points to 95.1% of global GDP in 2025. It said the upward trend was likely to continue, reaching 99.6% of ...

Argentina owes the IMF more than $40 billion, accounting for over a quarter of the organization’s total lending, and the organization thinks Milei’s pro-market moves may go a step too far.

Macroeconomic—and therefore political—developments in Kenya in 2024 were dominated by IMF projections for government debt.When, in mid-2024, IMF staff projected that public debt was on a ...

Pakistan has borrowed stupendous amounts of money from ally nations like Saudi Arabia, China, UAE and Kuwait, apart from ...

If you're carrying any amount of credit card debt, understanding the answer to that question is the first step toward escaping this trap and reclaiming your financial future.