US Budget Deficit Poses ‘Significant Risk’ for Global Outlooks: IMF

America’s fiscal policies have ‘profound effects’ on the international economy.
US Budget Deficit Poses ‘Significant Risk’ for Global Outlooks: IMF
The International Monetary Fund headquarters in Washington on Aug. 4, 2023. Madalina Vasiliu/The Epoch Times
Andrew Moran
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The U.S. budget deficit poses a “significant risk” for global fiscal developments and outlooks, according to the International Monetary Fund (IMF).

In its latest Fiscal Monitor report, IMF economists stated that U.S. and Chinese fiscal policies produce “profound effects” on the worldwide economy and present challenges for baseline fiscal projections in advanced and developing economies.
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."