Keywords: Public debt
The United Nations Educational, Scientific and Cultural Organization (UNESCO) has called for broader use of debt-for-education swaps as governments face mounting financial pressure that is limiting investment in schools and learning systems worldwide. Speaking at a global education summit in Paris on......
Climate change could become a major obstacle to Italy’s long-term economic performance, threatening to reduce growth potential and complicate efforts to manage the country’s already substantial public debt burden, according to a new study released on Wednesday. The analysis warns that rising......
The United Kingdom will need significant tax increases or spending reductions in the coming years to prevent public debt from entering an unsustainable upward spiral, according to the Office for Budget Responsibility (OBR). In its latest assessment of the country's long-term public finances, the......
Greece has announced plans to repay part of the financial assistance it received from its European partners ahead of schedule, signaling continued confidence in the country’s economic recovery after more than a decade of financial challenges. Government spokesperson Pavlos Marinakis confirmed......
Italy is on track to become the most indebted country in the eurozone, surpassing Greece for the first time in years, according to recent fiscal projections. Estimates suggest that Italy’s public debt will peak at around 138.6% of its gross domestic product (GDP) in 2026, slightly above Greece’s......
Public debt levels across the Group of Seven have increased significantly in recent years, raising concerns about the long-term stability of government finances in the world’s most advanced economies. Countries including the United States, Germany, and Japan are facing mounting fiscal pressure......
The International Monetary Fund (IMF) has cautioned Morocco about potential budget overruns and rising debt risks linked to large-scale infrastructure projects for the 2030 FIFA World Cup. While these investments could boost economic growth, careful financial management is essential to avoid long-term......
Canada recorded a budget deficit of C$31.21 billion ($22.53 billion) over the first ten months of the 2025/26 fiscal year, as government spending grew faster than revenue, the finance ministry reported on Friday. This compares to a deficit of C$26.85 billion during the same period last year. Program......
Morocco managed to reduce its budget deficit to 3.5 percent of gross domestic product (GDP) in 2025, in line with the targets set by the Finance Law. The deficit reached approximately 60.5 billion dirhams, reflecting an improvement compared with the previous year. This performance was achieved thanks......
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