The Central Bank of Finland called for attention to the problem of the country's growing public debt

Finland's growing public debt is a problem that can no longer be ignored. This was announced on May 2 by the head of the Central Bank of Finland, Olli Rehn.

"This is not an acute problem, but it is a problem that can no longer be avoided or postponed. I do not believe that we will be immediately forced to turn to the program of the International Monetary Fund," the politician said, Bloomberg quoted him as saying.

The head of the regulator said that the country should start working on balancing public funds now. According to him, Finland will have to put its financial condition "on a sustainable path."

According to Eurostat estimates, Finland's public debt reached approximately 88.5% of gross domestic product (GDP) at the end.

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On April 30, the volume of U.S. government debt also exceeded the size of the country's economy by more than 100% and is approaching a record high, which was set after the end of World War II. The volume of the US national debt has reached $31.27 trillion. At the same time, the US GDP as of March 2026 amounted to $31.22 trillion.

On April 15, analysts from the International Monetary Fund (IMF) presented their forecast, according to which by 2031 the volume of public debt of the United States will increase to 142% of GDP. This, in their opinion, will happen due to an increase in Washington's spending on the state budget and a shortage of funds themselves.