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flag India's debt-to-GDP ratio is projected to decline to 71% by 2034–35, driven by strong growth and fiscal reforms.

flag India's government debt is projected to fall to 77% of GDP by 2030–31 and 71% by 2034–35, driven by 6.5% annual economic growth and central government fiscal consolidation, though state-level debt and high interest payments remain concerns. flag Inflation is moderating faster in emerging markets like India due to earlier rate hikes, a weaker dollar, and lower food prices, enabling potential rate cuts, while developed economies face persistent inflation from services, wages, and debt. flag The U.S. has cut rates, Japan may hike, and many advanced nations have limited fiscal room for military spending, while China’s true debt risks may be underreported.

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