Japan, which is both the world's third-largest economy and third-largest creditor, has maintained a high debt-to-GDP ratio for decades. But in 2022, it was the country with the highest ratio ...

"This combination of higher costs and higher debt risks restricting capacity for future borrowing" the OECD said in a report ...

Government debt remains a pressing economic challenge for many African nations, with some countries grappling with alarmingly ...

The U.S. Treasury data has revealed that the country’s net interest payments ... The report also claimed that ‘perpetually ...

Sovereign borrowing among the high-income group of countries is expected to reach a fresh record of $17tn in 2025, compared with $16tn in 2024 and $14tn in 2023, according to the OECD report. This ...

The Mozambican government forecasts average annual economic growth of 4.6% of Gross Domestic Product (GDP) by 2029 and a reduction in the public debt stock from 75% of GDP to 61%, according to a ...

Yet international aid as a share of their GDP has dwindled to a two-decade low ... Nearly half of these low-income countries (LICs)—twice the number in 2015—are either in debt distress or at high risk ...

European Union authorities are considering an accounting change that would increase Italy's towering public debt, two sources ...

Friedrich Merz's Christian Democrats, which won the largest share of the vote in ... exempt defense spending above 1% of GDP from rules that require the country's structural budget deficit does ...