IMF warns global public debt will reach 100% of GDP by 2029
KEY POINTS MAIN STORY The International Monetary Fund (IMF) has urged governments to strengthen their public finances as global public debt is projected to reach 100 per cent of Gross Domestic Product (GDP) by 2029, with rising borrowing costs and spending commitments increasing pressure on government budgets. The Fund’s Fiscal Monitor, presented during the IMF … Continue reading IMF warns global public debt will reach 100% of GDP by 2029
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