Tag: #GlobalDebtCrisis
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GLOBAL PUBLIC DEBT TO SURPASS 100% OF GDP BY 2029, SAYS IMF
The International Monetary Fund (IMF) warns that global public debt is set to rise above 100% of the world’s Gross Domestic Product by 2029, the highest since 1948. Vitor Gaspar, IMF’s Fiscal Affairs Director, says this growing debt risk demands urgent and consistent action from policymakers to keep debt in check and avoid financial turmoil.…
