BIS Report Warns of Rising Public Debt Risks to Global Economies

Quick Summary:

The Bank for International Settlements (BIS) Annual Economic Report 2024, published on June 30, highlights the significant risks posed by rising public debt levels across both advanced and emerging market economies.

The report stresses that without fiscal consolidation, debt trajectories will remain unsustainable, threatening macroeconomic stability.

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Category: Crypto

Markets: Japan

Topics: News Bytes Economy BIS Global Economy News Bytes - 2 BIS report Debt

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-02 @ 05:34:14 (2 days ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

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Copyright Owner: © Bitcoin News

News ID: 21455631

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