Poland’s PM warned against the consequences of the country’s increased public debt and deficit https://t.co/bNzsIm4Erh ...

Japan’s biggest bank industry group warned of the risks of a downgrade in the nation’s credit rating as politicians make election pledges that could swell the public debt. https://t.co/bHsgkCLmUx ...

JUST IN: Binance Founder CZ says "Bitcoin could solve most public debt." https://t.co/QnbPfsPXU1 ...

Bitcoin could solve most public debt.Bitcoin News (@BitcoinNewsCom):The 213,500 BTC 🇧🇬 Bulgaria sold in 2018 are now worth 79% of its public debt 👀 https://t.co/VhYK0UftST ...

The Prime Minister has set out a plan for spending cuts and tax increases. Do you think that this should be enough to reassure investors. Yes, I think so.As you rightly said, across as an issue of large public debt and too large a public deficit, and we are actually tackling the issue, I believe, very seriously. The plan is a plan of €44 billion of savings and revenue increases, €44 billion. That will bring our deficit below the 5% threshold next year to 4.6%.And we are aiming at a deficit below 3% in 2029. ...

UK public debt has reached levels last seen in the 1960s – just as restructuring in the gilt market is making it more difficult to finance. Will the government be able to take the big decisions needed? Get The Readout with @h_chandlerwilde https://t.co/g0ihAIi184 ...

In a world of expanding public debt and volatile politics, it is imperative that policymakers get their arms around this potential epicenter of the next financial crisis, writes @PaulJDavies (via @opinion) https://t.co/1Ix5VzWvVQ ...

The big beautiful bill would have serious consequences for the American economy. It would extend lavish tax cuts, slash health care for the poor, boost defence spending—and add an estimated $4.5trn to the public debt https://t.co/8nPekT0Z4t ...

Disempowering the Fed just as concerns mount about tariff-driven inflation and surging public debt threatens a perfect economic storm, says @clive_crook (via @opinion) https://t.co/nZ9hXtGNjV ...

Investment Rating - The fiscal deficit is expected to be 5.5 percent of GDP in FY2024/25, slightly up from 5.4 percent in FY2023/24, indicating a challenging fiscal environment [17][26]. Core Insights - Total revenue is estimated to have declined to 19.9 percent of GDP in FY2023/24 from 21.3 percent a year earlier, projected to rise to 22.2 percent in FY2024/25 [19][34]. - Public debt is expected to remain elevated at about 62 percent of GDP in FY2024/25 [19]. - Spending is budgeted to rise to 27.4 percent of GDP in FY2024/25 from 25.0 percent in FY2023/24, driven by rising costs associated with civil service payroll, MSME development, and higher defense spending [20][47]. - Inflation-adjusted spending on public health is estimated to have declined by 46 percent between FY2019/20 and FY2024/25, significantly impacting healthcare demands [20][68]. - Inflation-adjusted spending on education has declined by 35 percent between FY2019/20 and FY2024/25, reflecting the adverse effects of the pandemic and military coup [21][78]. - Social protection spending has decreased from 0.13 to 0.05 percent of GDP between FY2019/20 and FY2024/25, indicating a shift in government priorities [23][99]. Public Finance Trends - The fiscal deficit is projected to increase slightly to 5.5 percent of GDP in FY2024/25, driven by higher expenditure projections [17][26]. - Non-tax revenue accounted for about two-thirds of total revenue in FY2023/24, with significant contributions from State-owned Economic Enterprises, particularly in oil and gas [18][35]. - Total spending is revised to increase to 27.4 percent of GDP in FY2024/25, largely due to recurrent spending [47]. - The wage bill is expected to yield a 0.1 percentage point increase in the wage bill, up to 1.8 percent of GDP [47]. Sectoral Analysis Health Sector - The Ministry of Health's spending is projected to remain low at around 0.6 percent of GDP in FY2024/25, contributing to a decline in the overall resilience of Myanmar's healthcare system [61][67]. - The real value of Ministry of Health spending has significantly declined, limiting the public health sector's capacity to provide essential services [68]. Education Sector - The Ministry of Education's spending as a percentage of GDP has steadily declined from 2.1 percent in FY2019/20 to around 1.6 percent in FY2024/25 [77][78]. - The budget for the School Improvement Support Program has decreased, reflecting the broader impact of escalating conflict across the country [90]. Social Protection Sector - Social protection spending has declined significantly, with real spending by the Ministry of Social Welfare, Relief, and Resettlement dropping by 66 percent between FY2019/20 and FY2024/25 [107]. - The share of the population receiving any type of cash assistance has reduced from 8.7 percent in 2017 to 5 percent in 2023, indicating a decrease in social support [108].