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BIS Report Warns of Rising Public Debt Risks to Global Economies

Started by Bitcoin, Jul 02, 2024, 10:19 am

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BIS Report Warns of Rising Public Debt Risks to Global Economies

BIS Report Warns of Rising Public Debt Risks to Global EconomiesThe Bank for International Settlements (BIS) Annual Economic Report 2024, published on June 30, highlights the significant risks posed by rising public debt levels across both advanced and emerging market economies. The report stresses that without fiscal consolidation, debt trajectories will remain unsustainable, threatening macroeconomic stability. As interest rates rise, refinancing needs and higher debt […]

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