Debt is mushrooming worldwide, hitting many developing countries especially hard. Struggling to cover their debt interest, ...

The International Monetary Fund is often the last stop for countries in financial distress. When national reserves dry up or inflation spins out of control, the IMF steps in with loans meant to ...

WASHINGTON (Reuters) -Global public debt is projected to rise above 100% of gross domestic product by 2029, reaching its highest level since 1948 and continuing to climb, the IMF said on Wednesday, ...

Economic pressures from steep new U.S. tariffs will push global public debt above pandemic-era levels to nearly 100% of global GDP by the end of the decade as slower growth and trade strain government ...

The International Monetary Fund warned that global public borrowing will likely surge this year as trade tensions triggered by the US lead to slower economic growth and more volatility on financial ...

Global public debt is projected to reach 100% of GDP, prompting governments to tolerate higher inflation as a solution. Persistent inflation will erode cash value, making stock market investment ...

Pakistan Defence Minister Khawaja Asif has made tall claims that the country may not need financial assistance from the ...

Ex-NLC President warns that Nigeria's debt crisis is worsened by IMF & World Bank loans, which he says fuel corruption and ...

Ousmane Sonko said his government would not seek a deal to restructure its debt despite facing repayment difficulties ...

The International Monetary Fund (IMF) has warned that President Trump’s tax bill, now nearing final approval, could make it more difficult to reduce the US fiscal deficit and national debt in the ...