The Inter-American Development Bank, IDB, indicated this Monday that Latin America's public debt has been reduced and is close to reaching pre-pandemic levels.
According to the organization, public debt has been reduced in the region thanks to the reforms and fiscal adjustments applied.
According…
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public debt
Japan faces the worst fiscal crisis
Japan is going through the worst fiscal crisis since World War II, with a public debt that exceeds GDP by 260 %.
This is clear from the statements issued this Monday by the Japanese Finance Minister, Shunichi Suzuki, who also referred to…
Bolsonaro seeks to accelerate privatization of Eletrobras
The president of Brazil, Jair Bolsonaro, along with other members of the Government, handed over to Congress an interim measure to accelerate the privatization of the energy company Eletrobras.
The company is on the list of State companies…
Brussels warns Spain of default in deficit and debt reduction for 2020
The budget draft sent by the Spanish Government to the European Commission in mid-October "runs the risk of breaching" the deficit and public debt reduction commitments, as stated in the report issued this Wednesday by the community…
IMF remarks unprecedented global debt increase
The general director of the International Monetary Fund (IMF), Kristalina Georgieva, said that the world economy has reached a record debt equivalent to 230% of the world's gross domestic product, equivalent to an increase of US $ 188,000…
Spain cuts its economic growth forecast in one tenth
The Government of Spain has reduced by a tenth less than announced by the competent government authorities, leaving the forecast of GDP growth by 1.8% according to the macroeconomic chart sent this Mars to the European Commission.
As…