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2024-07-12 07:05:59

IMF Warns of Ongoing Economic Hardships in Pakistan and Egypt on Nostr: IMF Urges U.S. Government to Reduce High Fiscal Deficit and Debt =============== ...

IMF Urges U.S. Government to Reduce High Fiscal Deficit and Debt
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#e5f25053 ver:0.51

The IMF warns that the US must urgently address its high fiscal deficit and debt to prevent global economic problems. The debt-to-GDP ratio is projected to reach 140% by 2032. The IMF recommends a frontloaded fiscal adjustment of over $1.1 trillion, including raising taxes and reforming entitlement programs. The US national debt has reached a record high of $30 trillion. The IMF emphasizes the need for action to reduce the deficit and debt, especially with rising interest rates. #IMF #USdebt #fiscaldeficit...

#newstr #Imf #UsFiscalDeficit #DebtReduction

https://here.news/story/e5f25053?ver=0.51
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