Global Debt on Track to Hit 117% of GDP by 2027, IMF Warns
Global public debt is projected to surge to 117% of global GDP by 2027, according to a stark warning from Vítor Gaspar, Director of the International Monetary Fund’s (IMF) Fiscal Affairs Department. The alarming forecast was made during the IMF’s latest Fiscal Monitor briefing, amid rising concerns over mounting geopolitical tensions and fragmented global trade. […]
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