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- 1From:Country Report: Sierra LeoneNear-term policy will focus on tackling soaring inflationary pressures, by using fiscal measures (such as subsidies) and monetary tools, and on restoring macroeconomic and debt sustainability. Public debt levels are...
- 2From:The New American (Vol. 39, Issue 4)"The United States paid $475 billion in interest on its debts last fiscal year, which ran through September. That was a record, and it will soon be broken. In the first quarter of this fiscal year, the government's bill...
- 3From:The EconomistFrom several kilometres away China 117 Tower, the world's sixth-tallest skyscraper, is an extraordinary sight?rivalling anything Dubai, Hong Kong or New York has to offer. On closer inspection, however, the building in...
- 4From:Country Report: BulgariaWhat's happened? On February 17th the interim finance minister, Rositza Velkova, announced that Bulgaria would not request convergence reports from the European Commission and the European Central Bank, giving up on...
- 5From:The EconomistChina has plastered slogans on its loans for as long as it has lent overseas. The "Going Out" strategy in 1999 gave way to the "Community of Common Destiny" in 2011, which was swiftly overshadowed by Xi Jinping's "Belt...
- 6From:The EconomistAfter a relaxing 2010s, in which interest rates hardly budged, The more indebted the world becomes, the more sensitive it is to interest-rate rises. To assess the effect of borrowing and higher rates, The Economist has...
- 7From:National Review (Vol. 75, Issue 3)In February 2018, a budget deal sailed through the Republican-controlled House and Republican-controlled Senate before being enthusiastically signed into law by President Trump. Not only did the pact suspend the debt...
- 8From:The New Yorker (Vol. 99, Issue 1)Byline: Amy Davidson Sorkin Hitting the Ceiling On an August afternoon nearly twelve years ago, Vice-President Joe Biden strode out of a meeting with the House Democratic Caucus to speak to reporters. "If we had our...
- 9From:Country Report: GhanaMacroeconomic instability and a public debt crisis will weigh on Ghana's business environment and its ambitions to become a West African trading hub. A weak regional regulatory environment, poor transport links and low...
- 10From:The EconomistCan a central bank make $2.5trn of cash vanish without anyone much noticing? That is the improbable, even audacious, mission the Federal Reserve has begun, trying to shrink its vast balance-sheet while minimising...
- 11From:Country Report: Kyrgyz RepublicIn 2018 the government adopted a new fiscal rule, setting the fiscal deficit ceiling at 3% of GDP and a maximum range for public debt of 60-65% of GDP. We estimate a budget deficit of 0.3% of GDP in 2022, supported by a...
- 12From:Country Report: PortugalThe centre-left Socialist Party (PS) was re-elected in a snap parliamentary election in January 2022, securing an absolute majority, with 120 seats in the 230-seat parliament. This outcome gives the prime minister,...
- 13From:Country Report: KenyaWe expect the new government to remain committed to the ongoing IMF programme, meaning that fiscal consolidation will gather momentum during the forecast period, causing the budget deficit to narrow gradually, from a...
- 14From:The EconomistAlthough no other two-word combination may so prompt eyes to glaze and minds to wander, the history of America can be understood as a struggle over its budget process. After colonial legislatures restricted governors'...
- 15From:The Economist"Debt costs help push government borrowing to 30-year high," the website of the British Broadcasting Corporation (bbc) told users on January 24th. That headline exemplifies what an independent report by Michael...
- 16From:Country Report: United StatesThe federal deficit will remain elevated, at 5.1% of GDP in 2023, as income growth slows in line with economic activity and as new government investment programmes in infrastructure development, climate-change mitigation...
- 17From:National Catholic Reporter (Vol. 59, Issue 9)If Americans wanted a preview of what the next two years of governing would look like with the new Republican-controlled House of Representatives, they got it in the embarrassing debacle over the election of the speaker....
- 18From:Country Report: MaltaWe expect the budget deficit to narrow gradually, from an estimated 6% of GDP in 2022 to an average of 4.5% in 2023-24 as EU disbursements start, supporting revenue and counterbalancing the phasing-out of the IIP....
- 19From:Country Report: TaiwanThe budget deficit and public debt are low by international standards, and there is cross-party support for a conservative fiscal stance. We forecast that the public deficit will widen to 2% of GDP in 2023, as government...
- 20From:Country Report: BrazilFiscal consolidation will be a major challenge in 2023-27, as the political will to downsize the bloated public sector is lacking and pressure for social spending will rise. Consequently, the primary surpluses needed to...