The country with the world's largest amount of debt is also the biggest spender - and it owes billions to countries with far ...

Republicans bet on the economy growing faster than reasonable to cover plans that could reignite inflation, rising interest ...

South Africa's National Treasury budget deficit forecasts will be wider than in its October estimates for the next three ...

Nigeria’s plans to rebase its economy could potentially see its rising debt as a share of gross domestic product (GDP) fall ...

MANILA, Philippines – The Philippines’ national debt pile grew 9.8% to P16.05 trillion in 2024 amid a weaker peso and additional financing taken on by the national government, data from the Bureau of ...

House Republicans proposed raising the federal government's debt limit by $4T, according to a draft posted on the House of ...

The debt ceiling was reinstated on January 2, 2025. Lawmakers should lift it as soon as possible rather than relying on ...

A financial watchdog group is warning that the U.S. debt could 'explode' if tax policies under discussion in the White House ...

Defense Secretary Pete Hegseth said he plans to welcome President Donald Trump's Department of Government Efficiency to the ...

AS the Philippines wrapped up 2024 with a staggering P16.051 trillion in outstanding debt—representing 60.7 percent of the country’s GDP—concerns regarding the sustainability of this financial ...

Germany's constitution stipulates that the state should only spend as much as it collects. But as the budget deficit grows, some parties are calling for reform.

It appears that Elon Musk and President Trump are making some headway in reforming the administrative state. Some would argue ...