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IMF Says Global Public Debt to Top $100 Trillion, Growth May Accelerate

TEHRAN (Tasnim) – The world's total public debt is set to exceed $100 trillion this year for the first time, and may grow more quickly than forecast as political sentiment favors higher spending and slow growth amplifies borrowing needs and costs, the International Monetary Fund said on Tuesday.

2024-10-15 16:16:41     0    12859
IMF Says Global Public Debt to Top $100 Trillion, Growth May Accelerate

TEHRAN (Tasnim) – The world's total public debt is set to exceed $100 trillion this year for the first time, and may grow more quickly than forecast as political sentiment favors higher spending and slow growth amplifies borrowing needs and costs, the International Monetary Fund said on Tuesday.

News ID: 31408064
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