The International Monetary Fund (IMF) projects that global government debt will rise to 102% of GDP by 2030, a level not seen since World War II. This increase is primarily driven by the United States and China, which are contributing significantly to the surge in debt levels. The IMF's forecast highlights growing fiscal challenges as countries navigate economic recovery and geopolitical tensions.
Global Government Debt to Reach 102% of GDP by 2030, Says IMF
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