BIS Report Warns of Rising Public Debt Risks to Global Economies

The Bank for International Settlements (BIS) Annual Economic Report 2024, published connected June 30, highlights the important risks posed by rising nationalist indebtedness levels crossed some precocious and emerging marketplace economies. The study stresses that without fiscal consolidation, indebtedness trajectories volition stay unsustainable, threatening macroeconomic stability. As involvement rates rise, refinancing needs and higher indebtedness […]