IMF: Warning of Deficits and Debt Soaring to 100% of GDP
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The global economy is facing a difficult test, with the International Monetary Fund warning of the risks posed by high public debts, increased deficits and turmoil in energy markets. Behind the growth figures, an environment of increased uncertainty is taking shape, in which a new international crisis could weigh on … The article Shock report from the IMF: Global debt reaches 100% of GDP – Economic “tools” are running out, energy is skyrocketing…
The Fund warns that global public debt could reach 100 percent of world GDP by the end of the decade.
Global public debt is now approaching the nightmarish threshold of 100% of GDP
At its annual meeting, the fund calls for “urgent” measures to rebuild public finances
The world's major economies are heading for the largest budget deficits since the coronavirus crisis, warns the International Monetary Fund. Combined with rapidly rising interest rates, this could form a toxic cocktail.
IMF warns about the resilience of the global economy
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