A group of 37 island states, home to some 65 million people, "urgently need to increase their fiscal space to tackle the multiple challenges and crises facing them," wrote Iolanda Fresnillo, one of the authors of the European Network on Debt and Development report.
Public debt levels in the island states had risen from an average of near 66% of GDP in 2019 to nearly 83% in 2020 and were set to remain above 70% until 2025, the report found.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A small Fairbanks company wants to build Alaska’s biggest wind farmsA Fairbanks man and his Lower 48 business partner are advancing plans to build what could become Alaska’s biggest wind farms, one each outside Anchorage and Fairbanks. So what you think we have too many eagles Cause this I'll kill a bunch of them
Source: adndotcom - 🏆 293. / 63 Read more »
Small businesses expect a recession, but hiring plans remain robust - San Francisco Business TimesAfter navigating the pandemic, supply chain headaches, a labor shortage and soaring inflation, most small businesses are confident they can weather a recession — and they do believe one is coming.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »