{"id":43975,"date":"2021-04-06T21:45:06","date_gmt":"2021-04-06T17:45:06","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=43975"},"modified":"2021-04-07T03:11:13","modified_gmt":"2021-04-06T23:11:13","slug":"growing-u-s-public-debt-not-sign-for-concern-imf","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/growing-u-s-public-debt-not-sign-for-concern-imf\/04\/06\/market-updates\/","title":{"rendered":"Growing U.S. Public Debt not Sign for Concern: IMF"},"content":{"rendered":"\n<p>Chief Economist at the International Monetary Fund (IMF), Gita Gopinath, said on Tuesday that the growing public debt in the United States, due to increased spending is not a sign for major concern, Reuters reported.<\/p>\n\n\n\n<p>Gopinath told reporters that the U.S. is in a better position to deal with the service of its debt now due to the historically low interest rates.<\/p>\n\n\n\n<p>She went on to say that the massive $1.9 trillion relief package helped improve the IMF&#8217;s global growth outlook.<\/p>\n\n\n\n<p>The IMF expects the global economy will grow by 6% in 2021, achieving the best growth rate since 1976, as it revised its growth forecast higher from 5.5%, saying that the unprecedented high levels of public expenditure to combat the coronavirus pandemic is pushing the global economy towards a strong recovery.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chief Economist at the International Monetary Fund (IMF), Gita Gopinath, said on Tuesday that the growing public debt in the United States, due to increased spending is not a sign for major concern, Reuters reported. Gopinath told reporters that the U.S. is in a better position to deal with the service of its debt now &hellip;<\/p>\n","protected":false},"author":10,"featured_media":32215,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6946],"class_list":["post-43975","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-imf"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=43975"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43975\/revisions"}],"predecessor-version":[{"id":43976,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43975\/revisions\/43976"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32215"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=43975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=43975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=43975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}