An intolerable burden is being placed on future generations that will result in financial crises and political instability ...
IntroductionPublic debt has long been a central concern in both economic theory and policy practice, serving as a key indicator of a nation's fiscal health and its capacity to sustain growth. The debt ...
The U.S. can stabilize its debt-to-GDP ratio at any level by balancing its primary budget, provided real GDP growth matches real interest rates. Achieving fiscal sustainability is possible through a ...
ONE REASON economists have a poor record of predicting fiscal crises is that there is no defined level at which debt can be said to be too high. They prefer to assess whether a debt-to-GDP ratio is ...
Bringing down India’s debt to GDP ratio will be the core priority for the government from the next fiscal year, which begins ...
Finance minister Nirmala Sitharaman on Wednesday made it clear that reducing debt-to- GDP ratio will be the central pillar of ...
The recently passed One Big Beautiful Bill Act increased the debt limit to $41.2 trillion, or 136 percent of GDP. Some believe that Congress will have to raise the debt limit again before the 2026 ...
Developed markets led a borrowing push that lifted global debt to near $346 trillion at the end of the third quarter, while a pending ruling on the legality of U.S. tariffs could force even more U.S.
Finance Minister Nirmala Sitharaman said debt reduction will be a core fiscal focus from next year, urging states to improve ...
FM Sitharaman said Prime Minister Modi is focused on promoting MSMEs through schemes like MUDRA, with an emphasis on ...
My Albanian-born father-in-law was an American patriot. In the mid-20th century, he served for decades as a CIA operative, quietly fighting against the spread of communism in Europe and Southeast Asia ...
In FY24, total debt stock stood at $174 billion, equal to 38.5 percent of gross domestic product (GDP). In that year, ...