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2024-06-28 03:02:51

IMF Warns of Ongoing Economic Hardships in Pakistan and Egypt on Nostr: IMF Urges U.S. to Address Rising Debt Levels Despite Robust Economic Growth ...

IMF Urges U.S. to Address Rising Debt Levels Despite Robust Economic Growth
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#e5f25053 ver:0.4

The IMF has urged the US to address rising debt levels despite strong economic growth. It recommends progressive tax increases, entitlement program reforms, and raising the eligibility threshold for the Earned Income Tax Credit. The IMF also criticizes escalating tariffs and trade barriers, advising negotiations and strengthening the World Trade Organization. The US Treasury focused on positive economic performance and did not directly address concerns. The IMF warns of a pressing need to reverse the increase in public debt and suggests a surplus of 1% of GDP. Negotiations and alternatives to tariffs are emphasized. #IMF #USDebt #EconomicGrowth...

#newstr #Imf #UsDebt #EconomicGrowth #FiscalReforms #TradeDisputes #BaselIii #CongressionalBudgetOffice

https://here.news/story/e5f25053?ver=0.4
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