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IMF warns global public debt to exceed $111T, may surpass output by 2029

IMF warns global public debt has surpassed $111 trillion and could exceed global GDP by 2029, driven by rising borrowing and interest costs amid inflation and growth pressures. This signals elevated sovereign risk and potential fiscal strain, though the trajectory depends on policy responses.

Al Jazeera ARabout 12 hours agoCredibility 46%View source

Score Breakdown

Mosaic Score8.1
Confidence0.9
Significance0.8
Source credibility0.5

Intelligence Tags

#debt#imf#fiscal-policy#sovereign-risk#global-economy

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