Public debt

It’s the latest step in efforts to rein in local debt risks as the economy slows

[PARIS] France’s Prime Minister Francois Bayrou said on Tuesday he wanted to reduce the number of public holidays as part of an urgent plan to tackle what he called the “curse” of his country’s debt.

A US agency that is a key player of such swaps has been criticised by its CEO-in-waiting Ben Black and government efficiency chief Elon Musk

American government debt is the world’s benchmark for a reason – and that hasn’t changed

CHINESE Finance Minister Lan Fo’an announced in October that China would soon launch its largest effort in years to address risks from local-authority debt. That’s stoked expectations for a massive sw...

CHINA aims to step up supervision of local government debt and plans to revise the law to do so, a spokesperson of the legislative affairs committee of the National People’s Congress said on Friday.

JAPAN must fund any additional spending plans within its budget rather than issuing more debt, the International Monetary Fund said on Friday, urging the government to get its fiscal house in order as...

GLOBAL public debt is set to reach US$100 trillion, or 93 per cent of global gross domestic product, by the end of this year, driven by the US and China, according to new analysis by the International...

Public sector net debt “was provisionally estimated at 100% of gross domestic product at the end of August”