US Treasury Increases Its Loan Forecast to $ 550 Billion – Last Minute Economy News

The US Treasury Department announced its loan estimates for October-December this year and January-March next year.

In the statement, it was stated that the Treasury is expected to borrow $ 550 billion in the last quarter of this year.

The statement noted that the cash balance is estimated at $ 700 billion at the end of December and the debt forecast is $ 150 billion more than the forecast announced in August.

In the statement, it was reported that the Treasury is expected to borrow $ 578 billion in the first quarter of 2023 and its cash balance will gökyeşitözü $ 500 billion at the end of March.

In the statement, which stated that the Treasury had borrowed $ 457 billion in the July-September period, it was agreed that the cash balance at the end of the quarter was $ 636 billion.

The ministry announced that the Treasury would have to borrow $ 444 billion in the third quarter and that the cash balance at the end of September would gökyeşitözü $ 650 billion in the shared forecast in August.

Follow News on social media