Global Debt Hits $100 Trillion, Growth Might Accelerate
⏺ The International Monetary Fund (IMF) warns that global public debt is set to exceed $100 trillion for the first time this year, potentially reaching 115% of GDP by 2027.
⏺ As political sentiment shifts towards increased spending, particularly in the U.S., the IMF cautions of rising fiscal uncertainty that could drive borrowing costs higher.
The report highlights the need for significant fiscal tightening to stabilise debt levels, as ongoing pressures from green transitions and population aging escalate.