Bangladesh, Feb. 26 -- The International Monetary Fund (IMF) has issued a stark warning over the trajectory of United States public finances, cautioning that the countrys national debt-now exceeding $38 trillion-poses mounting risks not only to domestic economic stability but also to the broader global financial system. According to the IMFs latest Article IV consultation, US public debt is projected to climb to 140% of gross domestic product (GDP) by 2031 if current fiscal policies remain unchanged.

For policymakers in Washington and observers worldwide-including analysts and journalists in emerging economies like Bangladesh-this assessment is not merely a technical fiscal note. It is a signal about systemic vulnerabilities in the world...