Global Public Debt to Hit $100 Trillion by End of 2024, IMF Says
- Ratio of public debt to global GDP seen at 93% by year-end
- Expected to keep rising through end of decade to approach 100%
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Global public debt is set to reach $100 trillion, or 93% of global gross domestic product, by the end of this year, driven by the US and China, according to new analysis by the International Monetary Fund.
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