US Treasury Secretary Janet Yellen said she is concerned about the future of the American economy if the budget deficit continues to increase. writes about this TASS.
“I can’t say I’m worried about the current situation, but I’m worried about where we’re going if we don’t take steps to reduce the deficit,” he said at a House Revenue and Expenditure Committee hearing.
According to him, the 2025 fiscal year (starts on October 1, 2024 in the USA) budget proposal proposed by US President Joe Biden includes three trillion dollars for measures to reduce the budget deficit in the next decade.
April 30 Verkhovna Rada deputy Daniil Getmantsev statedIt was stated that Ukraine’s national debt increased by 5 percent ($7.4 billion) in March, reaching 151.1 billion dollars, due to the depreciation of the hryvnia and foreign loans to the treasury.
Yellen before this warned China has said there will be “serious consequences” if Chinese businesses are found to be supporting Russia in the conflict with Ukraine.
previously economist guess Fall in the dollar exchange rate after the transfer of Russian assets to Ukraine.
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Source: Gazeta
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