IMF Urges US to Address Rising Debt Despite Robust Growth and Warns of Potential Economic Backfire from US Trade Sanctions on China
===============
#e5f25053 ver:0.48
The IMF urges the US to address rising debt despite robust growth, warning of potential economic backfire from trade sanctions on China. The US national debt has reached a record high of $30 trillion, raising concerns among economists. The IMF recommends tax and spending options to achieve a surplus of 1% of GDP and emphasizes the need for financial stability. Without policy changes, US debt could surpass 140% of GDP by 2032. The IMF stresses the importance of reducing debt and enhancing fiscal sustainability. The US Treasury Secretary and IMF Managing Director also emphasize the significance of thorough assessments of member economies. The IMF urges the US to raise taxes progressively, reform entitlement programs, and negotiate instead of intensifying tariffs. The IMF raises concerns about the US fiscal deficit and its impact on long-term sustainability and economic resilience, calling for collaborative efforts to address vulnerabilities and imbalances. #IMF #USdebt #economicgrowth #fiscalpolicy #trade #financialstability...
#newstr #Imf #Us #TradeSanctions #China #FiscalDeficit #GlobalEconomy #TradePolicy #Tariffs #NontariffBarriers #Inflation
https://here.news/story/e5f25053?ver=0.48
IMF Warns of Ongoing Economic Hardships in Pakistan and Egypt /
npub1dm…y4u6q
2024-06-28 14:05:38
Author Public Key
npub1dmcttvjcgursk4ayr4vjcchgzn64kuykqr5fluq58h7sa8etlkcq2y4u6qPublished at
2024-06-28 14:05:38Event JSON
{
"id": "740e7ff651dd84995e2266ba4c0d4feb9a87d7da9ff33fec1bdf40b556656cc1",
"pubkey": "6ef0b5b25847070b57a41d592c62e814f55b709600e89ff0143dfd0e9f2bfdb0",
"created_at": 1719583538,
"kind": 1,
"tags": [],
"content": "IMF Urges US to Address Rising Debt Despite Robust Growth and Warns of Potential Economic Backfire from US Trade Sanctions on China\n===============\t\n#e5f25053 ver:0.48\n\nThe IMF urges the US to address rising debt despite robust growth, warning of potential economic backfire from trade sanctions on China. The US national debt has reached a record high of $30 trillion, raising concerns among economists. The IMF recommends tax and spending options to achieve a surplus of 1% of GDP and emphasizes the need for financial stability. Without policy changes, US debt could surpass 140% of GDP by 2032. The IMF stresses the importance of reducing debt and enhancing fiscal sustainability. The US Treasury Secretary and IMF Managing Director also emphasize the significance of thorough assessments of member economies. The IMF urges the US to raise taxes progressively, reform entitlement programs, and negotiate instead of intensifying tariffs. The IMF raises concerns about the US fiscal deficit and its impact on long-term sustainability and economic resilience, calling for collaborative efforts to address vulnerabilities and imbalances. #IMF #USdebt #economicgrowth #fiscalpolicy #trade #financialstability...\n\n#newstr #Imf #Us #TradeSanctions #China #FiscalDeficit #GlobalEconomy #TradePolicy #Tariffs #NontariffBarriers #Inflation \n\n https://here.news/story/e5f25053?ver=0.48",
"sig": "a9f18a4fd5f83bec485bc66aeafc80bfafd54b619173a9123f9d0a663cee4d3b53be755ef0e12d19a190657897c055b2666a457faa4918af6cb5f584b5f37ab3"
}