Raise taxes. The IMF said that the US public debt to GDP ratio is projected to remain well above pre-pandemic forecasts over the medium term, reaching 109.5% by 2029 compared to 98.7% in 2020.

The massive U.S. tax and spending bill slated for a final vote in Congress runs counter to the International Monetary Fund's recommendations that Washington reduce fiscal deficits over the medium term ...

The International Monetary Fund on Thursday called on the US to raise taxes to curb rising debt levels while applauding “robust, dynamic” growth in the world’s largest economy and progress ...

The Trump administration's sharp increases in duties have caused global uncertainty to spike, the IMF's Managing Director, Kristalina Georgieva, said on Thursday. The import taxes will slow global ...

DEBT, TRADE PRESCRIPTIONS. But the IMF chided Washington for rising deficits that if continued would bring the U.S. debt-to-GDP ratio to a concerning level of 140% by the end of the decade.

Every country in the world is affected, the IMF said, by hikes in US import taxes that have now lifted average U.S. duties to about 25%, the highest in a century.

The US is forecast to be hit the hardest among advanced economies because of uncertainty caused by tariffs, the IMF says - and the UK's own growth projection has also been cut. Growth in the US is ...

Greece has made progress in reducing government debt and improving its competitiveness, but needs to follow through on structural reforms to ensure its economy recovers, the IMF said on Monday ...

Every country in the world is affected, the IMF said, by hikes in US import taxes that have now lifted average U.S. duties to about 25%, the highest in a century.