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IMF warns global public debt to exceed $111T, may surpass output by 2029
Al Jazeera AR·about 8 hours ago
The World Bank and IMF have endorsed changes to the debt sustainability framework for low-income countries, aiming to refine risk analysis and measurement. The reforms are a continuation of ongoing efforts to address debt distress, but specifics on implementation and impact remain unclear. This matters as it could influence debt restructuring and lending terms for vulnerable economies.
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