ECONOMYNEXT – Global growth prospects are dimming and government debt in advanced nations in particular are rising, the International Monetary Fund said, after more than a decade of heedless spending for ‘stimulus’ advocated by macro-economists themselves. The IMF upgraded its 2025 growth forecast to 3.2 percent in the latest World Economic Output report, which is 0.2 percent below the figure before Trump tariffs, and to 3.1 percent in 2026, with global debt set to rise. The impact of Trump tariffs was lower than first expected due to reduced rates, but immigration controls would also impact output in the future, the…
Government debt to rise IMF says, while global growth to slow in 2025, 2026
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