WASHINGTON, April 23 (Xinhua) -- The International Monetary Fund (IMF) said on Wednesday that if fiscal revenues and economic output decline more significantly than current forecasts due to rising tariffs and weakened growth prospects, debt levels may exceed existing "debt-at-risk" estimates.
"The series of recent tariff announcements by the United States, and countermeasures by other countries have increased financial market volatility, weakened growth prospects, and increased risks," IMF officials wrote in a blog post published alongside the release of the organization's latest Fiscal Monitor, stressing that current major policy shifts are exacerbating global uncertainty.
