The IMF noted the need for the United States to reduce the budget deficit and solve the problem of growing public debt. The deputy Head of the IMF, Gita Gopinath, pointed out that the situation is aggravated by uncertainty in trade policy, despite the interim agreement with China. Last week, Moody's downgraded the long-term credit rating of the United States to "Aa1" due to rising government debt and budget deficits. Moody's became the last of the leading agencies to hold the highest rating of the American economy. Data from the Congressional Budget Office shows that in 2024, the national debt will reach 98% of GDP, significantly higher than 73% a decade ago. The increase in the deficit forces the country to issue more bonds, which raises doubts about the stability of the market among investors. The IMF forecasts suggest a reduction in the budget deficit this year due to increased revenue from duties. However, they do not take into account the possible consequences of the tax reforms promoted by Donald Trump. In April, the IMF lowered its forecast for US GDP growth for 2025 to 1.8% (-0.9 percentage points), and the global economy to 2.8% (-0.5 percentage points). These adjustments are due to the effect of US duties, which slow down economic activity.
PAUTAN SEGERA