(Finance) – The long -term financing requirement of sovereign countries will reach 12,300 billion dollars in 2025, continuing the constant increase in recent years, powered by the high tax deficits and by pressure on shopping, also for the defense.
This is what emerges from the estimates of S & p according to which the United States will represent the 40% of global sovereign emissions in the long term, with an increase in the financing requirement of 200 billion dollars Compared to the previous year, for a total of 4,900 billion dollars, in a context of tax policy that will probably remain expansive.
China The second largest sovereign broadcaster is confirmed, with a needs of 2,100 billion dollars, marking the nominal increase more consistent, driven by efforts to support economic growth.
The other main sovereign broadcasters, In the large part the countries of the G7 will maintain their fundamentally stable financing needs and on high levels, while discussions continue on how to finance (through debt) the pressing needs for defense spending in Europe.
In the end, The cost of the debt for sovereign countries will probably remain high, since interest rates could remain higher than previous forecasts.