IMF Sounds Alarm on Rising Global Debt Amidst Weakening Economic Growth

IMF Sounds Alarm on Rising Global Debt Amidst Weakening Economic Growth
1 day ago

The International Monetary Fund (IMF) has issued a stark warning regarding the rise of global debt levels, indicating that new surges are likely to occur as economic growth continues to falter across various regions. The latest data from the Fund reveals a troubling trend, where increasing borrowing is outpacing the recovery efforts seen in many economies post-pandemic.

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Global Debt Reaches Unprecedented Heights with a $7 Trillion Surge in 2024

Global Debt Reaches Unprecedented Heights with a $7 Trillion Surge in 2024
2 months ago

The International Institute of Finance (IIF) has unveiled startling figures that reveal global debt surged by approximately $7 trillion in 2024, culminating in a record total of $304 trillion. This dramatic increase raises significant concerns regarding fiscal sustainability and the broader implications for the global economy as governments and corporations grapple with the escalating costs of borrowing.

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