BIS Report Warns of Rising Public Debt Dangers to World Economies

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The Financial institution for Worldwide Settlements (BIS) Annual Financial Report 2024, printed on June 30, highlights the numerous dangers posed by rising public debt ranges throughout each superior and rising market economies. The report stresses that with out fiscal consolidation, debt trajectories will stay unsustainable, threatening macroeconomic stability. As rates of interest rise, refinancing wants and better debt […]

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