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blog-pfm.imf.org | ||
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conversableeconomist.com
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| | | | | For anyone who can do arithmetic, it did not come as a surprise that the \"baby boom generation,\" born from 1946 up through the early 1960s, started turning 65 in 2010. Here\'s the pattern over time of the \"Daily Average Number of People Turning 65.\" The jump of the boomer generation is marked. Because two | |
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www.imf.org
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| | | | | The world has changed dramatically in the three months since our last update of the World Economic Outlook in January. A rare disaster, a coronavirus pandemic, has resulted in a tragically large number of human lives being lost. | |
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www.gao.gov
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| | | | | Increased federal spending in response to COVID-19, as well as rising interest rates, have added to our nation's financial woes. At $2.8 trillion, the FY 2021 budget deficit was the second largest in history-just short of the FY 2020 deficit of $3.1 trillion. These historically large deficits were due primarily to the economic disruptions caused by COVID-19-which decreased revenues in FY 2020-and the additional spending by the federal government in response to help the nation recover from the pandemic. | |
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www.aiib.org
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| | | AIIB has signed a MOU with the German national promotional bank KfW and another with the Export-Import Bank of China (CEXIM) to strengthen collaborative ties as a means of facilitating economic, social and environmental support to its Members. | ||
