US government debt burden on track to overtake Italy’s, IMF figures show
Washington to become more indebted than European nations known for fragile public finances for first time this century
Washington to become more indebted than European nations known for fragile public finances for first time this century

Fund’s forecasts suggest the country’s debt-to-GDP ratio will be at a record high by the end of the decade

Rome’s public debt-to-GDP ratio will soar to near-record 148% if it meets promises to allies through extra borrowing

An intolerable burden is being placed on future generations that will result in financial crises and political instability

Anxiety grows over France’s public finances just as Rome improves its standing with bondholders

Combination of record government debt and rising borrowing costs puts central banks under pressure

Fund says fall of US currency has helped lessen effect of Donald Trump’s tariffs