The government's debt-to-GDP ratio has risen consistently since 2015.
Let the Sun Shine In! Policy Transparency Improves Economic Outcomes: The Experience of Monetary Policy with Lessons for Fiscal Policy
The federal debt-to-GDP ratio is on track to increase between 2022-23 and 2023-24.
The effects of a recession could set off a debt “doom loop” with the debt ratio spiralling upward.
The prime minister disbanded the Expenditure Review Committee, which assessed the efficacy of government programs.