The majority of debt was refinanced and fixed at low rates during 2020-2021. FED rate hikes haven't affected the interest paid on much of the debt yet. The mass debt maturity wall starting in 2024 has ...
In an era of burgeoning public debt—now at above 235 percent of global gross domestic product, as per IMF estimates—fiscal rules have become indispensable guardrails. Yet, policymakers and analysts ...
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