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Copyright © 2024 CGTN. 京ICP备20000184号
Disinformation report hotline: 010-85061466
According to a recent Fiscal Monitor Report released by the IMF, the U.S. fiscal deficit is expected to reach over 7 percent of its GDP next year, while the average level of other developed economies is around 2 percent. Li Yong, chief researcher at D&C Thinktank, says massive U.S. spending could have a profound impact on the global economy and pose a risk to developing economies.