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The implementation of the Amending Finance Law at the end of December 2020 revealed a budget deficit of $9.2 million (82.4 MMDH), representing 7.6% of GDP....
South Africa is suffering the economic consequences of the COVID-19 pandemic. The rating agency S&P Global Ratings has lowered the country’s foreign currency’s ratings. The agency...
In order to offset the cost of U.S. national debt, interest rates would soar high and leave Trump putting pressure on the Fed to cap interest...
Changing bond sales from long-term to short-term does not guarantee a solution to the US budget deficit
The Treasury's budget deficit is primarily caused by increased spending for Medicare, Social Security, and net interest payments.