US National Debt Surpasses $40 Trillion Amid Rising Spending and Interest Costs
The US national debt has surpassed $40 trillion, raising concerns over borrowing costs, federal spending, interest payments and long term fiscal sustainability.
World Bank Urges Pakistan to Reform NFC Award and Slash Federal Spending
World Bank Country Director Bolorma Amgaabazar calls for a new National Finance Commission Award to address Pakistan’s Rs2 trillion annual fiscal shortfall.