IMF Warns of Rising Global Public Debt: A Looming Economic Crisis?
The International Monetary Fund (IMF) has issued a stark warning about the surging levels of global public debt, forecasting that total government debt worldwide could surpass 100% of global GDP by 2029 unless corrective measures are taken. The warning, published in the IMF’s Fiscal Monitor Report during the annual IMF-World Bank meetings in Marrakesh, signals…