Page 4 - Debt Level News Today

While the ratings agency continues to say Indias overall debt level remains way above that of similar-rated peers, strangely it doesnt adequately appreciate New Delhis lower external debt level compared with others, a senior finance ministry official said. The official said the Centres fiscal deficit dropped from 9.2% of GDP in FY21 to 6.4% in FY23.

Important. not good news for the us. you can see why the authorities are not pleased with this downgrade but i think the impact may be relatively limited in the long run. in terms of their concern about governance, saying it has not improved, it is actually gone the wrong direction over quite a long period of time. that is quite damning, really, isnt it? and to be honest, it is fair comment. every couple of years we seem to get these situations where there is wrangling, bipartisan wrangling, bip...

There is the issue of the debt level which remains high. what there is the issue of the debt level which remains high.— there is the issue of the debt level which remains high. what you think the prime ministers _ which remains high. what you think the prime ministers economic- which remains high. what you think| the prime ministers economic plans will look like going forward over the short and long term? $5 t will look like going forward over the short and long term? as i said i think it will...

Up by inflation, but still alarming numbers, and frankly, the credit card debt is what bothers me the most because you know what the interest rates are on those, its very, very high. and theres a lot of background information that is disturbing about the economy. there are some great things like the last jobs report was phenomenal and inflation coming down year over year and headline, but then the one month inflation rate is higher. we had a big dropoff on the one, but the monthly numbers, .5%, ...

Of energy crisis, and another reason i will say, that is the interest rate sensitivity, because in some countries you have a really high debt level for consumers and also for businesses, and when you have a higher debt level in combination with higher borrowing costs then you are going to have quite a big negative impact on your economy. negative impact on your economy-— negative impact on your economy. negative impact on your econom. , , y economy. so ust briefly then, robert, economy. so ust...

Pain in the short run but it raises the total level of pain over time and that is why i think it is very important that the fed be prepared to act. the imf and the fed be prepared to act. the w and the _ the fed be prepared to act. the imf and the world bank have been meeting and a big concern is the debt level of poorer countries seeing interest rates shoot up because of the stronger dollar. how big of a problem is that for the global economy? it problem is that for the global economy?— econo...

Think it would be how to put a number on it, but the proof will be in the pudding in the next couple of months, because as things stand at the moment, the scottish government brought forward a nightclub closure fund specifically for those nightclubs who were forced to close, but the money is not in from that yet, and we have been paying our staff wages for six weeks. with absolutely no income. so its a tremendously difficult period of time and there is no certainty about the future, and i have n...

Crosstalk. do come back to that. i want to, as you are the bbc�*s environment correspondent, justin. dont you mean bbcs climate editor! - climate editor! forgive me. just in terms of that, in practical terms, pavel, what about the impact on the russian economy here? because the point is of — we are told — is that russia has built up these enormous reserves — what?, $620 billion worth of reserves. its debt level�*s down. but a quarter of its exports are bought by europeans. i mean, chin...

New Brunswick's auditor general says there are signs the province's fiscal situation is improving. But Paul Ma...

The holiday. but next month, theyve got defense, and theyve got to keep the government open and of course there is the build back better act. with so many things with hard sand fad deadline, build back better, as much as some democrats want to get it done in december, is that a thing that can slip into the new year? particularly when you hear someone like senator manchin saying, hey, i wouldnt mind delaying that? >> oh, absolutely. you basically read the top of my column coming out in half an ho...