The Latest Breaking News from National Debt

Labor announces election pledge to cut state debt

A state government has announced a plan to cut public debt by $11 billion over the next 10 years in a pitch to voters ahead of March's NSW election.

AAP · 22h ago

Global Market: IMF warns of energy shock, AI correction risks to Asia's growth outlook

The IMF warned that Asia’s economic growth may slow to 4.4% in 2027 amid energy price shocks, Middle East conflict, AI market correction risks and rising bond yields. It urged central banks to prioritise price stability and governments to provide targeted fiscal support while managing inflation and debt pressures.

The Economic Times · Oct 15

IMF chief urges US and wealthy nations to rein in debt to ease global economic pressure

The International Monetary Fund emphasized the urgent need to address rising global debt impacting low-income countries. IMF Managing Director Kristalina Georgieva highlighted that economic growth alone cannot resolve the national debt crisis. Nations are facing difficult choices between supporting vulnerable populations and meeting debt obligations due to escalating interest rates.…

The Economic Times · Oct 14

IMF sounds alarm on mounting fiscal strains as major economies grapple with high debt

The IMF has urged major economies to rein in fiscal deficits and rebuild financial buffers as high public debt and rising borrowing costs leave governments with less room to respond to future shocks.

The Economic Times · Oct 13

IFS warns against ‘steady-as-you-go’ Budget as inflation not headroom is key

Higher interest rates on Government debt will push up borrowing by about £10 billion in 2029-30, the IFS said.

Evening Standard · Oct 12

France’s main problem is its inability to reduce public debt, economist says

French economist Nicolas Bouzou says France's economic growth is not "strong" enough to sustain the country's welfare state.

Euronews · Oct 12

Euro falls, set for fifth straight weekly drop as oil prices rise

The euro has experienced a significant drop as concerns about France's public debt continue to affect investor confidence. Global bond markets have stabilized following US President Donald Trump's remarks on potential military action against Iran. Oil prices fluctuated significantly, impacting market dynamics and investor sentiment. US consumer sentiment has worsened…

The Economic Times · Oct 10

America Hits a New Debt Record at $40 Trillion and Counting

President Donald Trump has surpassed Barack Obama's record for most debt amassed by a president.

Reason · Oct 5

America’s budget, the bond market and the national debt at 250: Gradually, then suddenly

America’s debt is rising by the trillion. Congress is still refusing to face the bill.

Fortune · Oct 4

What the bond market reveals about Congress, the national debt and the middle class—and where America goes from here

The only real solution is to put fiscal policy on a sustainable trajectory, but on the tax side, it’s important to realize we have limited room.

Fortune · Oct 3